xag
usd

XAGUSD

1.2345
0.042%
Swap Short
1,94 Points
Swap Long
-8.23 Points
SELL
1.08491
BUY
1.08505
Low: 1.08491
Spread
High: 1.08505
XAGUSD Trading Chart
Past performance is not a guarantee or prediction of future performance.
Market Hours* Open Now
Closes on
Monday at 00:00
Volatility
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About XAGUSD
The XAGUSD pair represents the price of Silver (XAG) in US Dollars (USD). Silver is a versatile commodity with uses in industry, technology, and jewelry, as well as being a store of value. As a precious metal, it shares similarities with gold, acting as a safe-haven asset during times of economic uncertainty. The US Dollar significantly influences the value of silver, as the two often have an inverse relationship. XAGUSD is a popular asset among traders and investors for its potential to offer high volatility and strong market trends.
How to Trade XAGUSD
To trade XAGUSD effectively:
  • 1
    Track Industrial Trends
    Monitor global industrial production data and demand for silver in key sectors such as renewable energy and technology.
  • 2
    Follow US Dollar Movements
    Keep an eye on the US Dollar Index (DXY) and major US economic indicators, as these directly impact silver prices.
  • 3
    Monitor Precious Metal Trends
    Silver often correlates with gold. Watching gold’s price trends can provide insights into silver’s movements.
  • 4
    Set Risk Management
    Utilize stop-loss orders and position sizing to manage risk, especially given silver’s high volatility.
XAGUSD is influenced by a mix of industrial demand and its role as a safe-haven asset. Keeping track of both global economic conditions and industrial developments is key to successful trading.
Key Factors Affecting XAGUSD
Several factors influence XAGUSD, including:
  • Industrial 
    Demand
    Silver is heavily used in industries like electronics, solar energy, and manufacturing. Changes in industrial demand can have a significant impact on silver prices.
  • US 
    Dollar
    Silver prices are often inversely correlated with the US Dollar. A stronger Dollar can pressure silver prices lower, while a weaker Dollar supports higher prices.
  • Market 
    Sentiment
    During times of economic uncertainty or market risk-off sentiment, silver often acts as a safe-haven asset, boosting its demand and price.
FAQ - XAGUSD

XAGUSD (Silver / USD) is influenced by several factors:

  • Economic Data and Inflation: Economic data, including inflation rates and central bank monetary policies, can significantly affect silver prices.
  • Market Sentiment and Risk Appetite: Silver is also viewed as a safe-haven asset, and its price can rise when investors seek refuge from market volatility.
  • USD Strength and Currency Movements: The strength of the US Dollar affects silver prices, as a stronger USD typically results in lower silver prices, and vice versa.

There are several benefits to trading XAGUSD:

  • Affordability Compared to Gold: Silver is generally more affordable than gold, which makes it an attractive alternative for traders looking for exposure to precious metals.
  • Liquidity and Market Hours: XAGUSD is traded globally with high liquidity, making it accessible for both retail and institutional investors.
  • Diversification of Investment Portfolio: Silver can provide diversification for portfolios, as it often behaves differently from other financial assets, such as stocks or bonds.

Traders should be mindful of these risks when trading XAGUSD:

  • Volatility in Silver Prices: Silver prices can be highly volatile, influenced by fluctuations in investor sentiment, geopolitical risks, and other market events.
  • USD Sensitivity: As silver is priced in USD, any significant shifts in the value of the US Dollar can have a major impact on silver prices.
  • Supply and Demand Dynamics: Changes in the global supply and demand for silver, driven by industrial uses or mining activities, can affect silver prices significantly.
If you have more questions visit FAQ Page
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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. It is important to fully understand the risks involved and seek independent advice if necessary. You should carefully consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money. The value of your investment may go down as well as up.

Please review our Legal Documents to understand the risks involved before you invest. See your rights and responsibilities as a retail client.
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