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Silver Price Forecast: XAG remains bearish as ‘evening star’ forms

Silver (XAG/USD) price tumbles nearly 3% on Tuesday as market mood turns dismal due to heightened tensions in the Middle East, following Iranian attacks on two vessels in the Strait of Hormuz. At the time of writing, XAG/USD trades at $60.26, after peaking at around $62.16.

Bearish · XAG/USD fxstreet news Tue, 07 Jul 2026 19:18:10 UTC

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