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What moves silver (XAG/USD)

Silver follows gold and rates, and it also depends on industry. What matters for XAG/USD now and which US releases are coming.

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The main things that move the price

Gold

Silver most often goes the same way as gold, but its market is smaller, so its moves can be sharper.

Industrial demand

Silver goes into electronics and solar panels. So manufacturing figures touch it too: the PMIs of the US and China.

Rates and the dollar

Like gold, silver pays no interest and is priced in dollars. US inflation and Fed decisions are among its main events.

When it is most active

Its main hours are the same as gold's: New York trading and the minutes after US figures. Outside them silver tends to move in jerks.

Major releases ahead

The next high-impact releases over two weeks. What each means for the market is on its card.

What Edge gives you

The calendar gives the scenario before US figures and the direction right after them. News shows where a headline pushes the market, and risk appetite shows whether the market seeks safety. Entry, stop and target stay with your own system.

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