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Silver Price Forecast: XAG/USD falls toward $58.00 as Trump declares Iran truce “finished”

Silver price (XAG/USD) extends its losses for the third consecutive day, trading around $58.30 per troy ounce during the European hours on Wednesday. The non-yielding white metal struggled as renewed Middle East escalations threatened the interim United States (US)-Iran peace deal.

Bearish · XAG/USD fxstreet news Wed, 08 Jul 2026 09:12:37 UTC

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