Silver prices (XAG/USD) strengthened slightly near $38.00 during the European trading session on Monday (August 18th). The white metal attracted a few bids due to slightly cautious market sentiment, with investors awaiting the meeting between United States (US) President Donald Trump and Ukrainian President Volodymyr Zelenskyy at the White House on Monday.
US Secretary of State Marco Rubio has confirmed that several European and NATO members will join Trump and Zelenskyy at the White House to discuss concessions proposed by Russian leader Vladimir Putin to end the war in Ukraine.
Signs of a ceasefire between Russia and Ukraine would be negative for safe-haven assets, such as silver, which tend to perform strongly amid rising geopolitical tensions.
However, strong expectations that the Federal Reserve (Fed) will cut interest rates at its September meeting continue to support silver prices. Lower interest rates by the Fed are a positive sign for non-yielding assets, such as silver.
According to the CME FedWatch tool, the probability of the Fed cutting interest rates in September is 82.6%. Traders remain confident of a Fed rate cut at next month's policy meeting due to easing labor market conditions. (alg)
Source: FXstreet
Silver climbed above $38 per ounce on Monday, recouping some losses from last week as investors turned their attention to a key meeting in Washington between US President Donald Trump and Ukrainian Pr...
Silver prices (XAG/USD) held below US$38 per troy ounce on Friday, after plunging more than 1% in the previous session. Pressure persisted as higher-than-expected US producer price inflation (PPI) dam...
Silver (XAG/USD) edges lower on Thursday, snapping a two-day losing streak as stronger-than-expected US Producer Price Index (PPI) and upbeat Jobless Claims data bolster the US Dollar. At the time of ...
Silver prices held above $38.5 per ounce on Thursday, hovering near a three-week high as expectations for deeper Federal Reserve rate cuts this year supported the market. Softer US inflation data sugg...
Silver prices rose 1% to around $38.30 an ounce on Wednesday (August 13), strengthening for the second straight session as the latest US inflation data reinforced expectations of a Fed rate cut next m...
The British pound (GBP) traded in a tight range around 1.3550 against the US dollar (USD) during the European trading session on Monday (August 18th). The GBP/USD pair consolidated as investors awaited a meeting between US President Donald Trump,...
US President Donald Trump urged Ukraine to give up on hopes of regaining annexed Crimea or joining NATO, as he prepared to host President Volodymyr Zelenskiy and European leaders in Washington on Monday to urge Kyiv to accept a peace deal with...
Gold prices edged higher on Monday (August 18th), boosted by lower US Treasury yields, as market participants awaited US President Donald Trump's meetings with Ukrainian President Volodymyr Zelenskiy and European leaders later in the day. Spot...
Retail sales in the US increased 0.5% month-over-month in July 2025, in line with market expectations and following an upwardly revised 0.9% rise in...
President Donald Trump said he would set levies on semiconductors in the coming two weeks, the latest indication he's readying a...
US consumer sentiment fell to 58.6 in August from 61.7—the first decline since April. The University of Michigan survey was conducted July 29–August...
United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting in Alaska late Friday, with...