Live market context

Silver (XAG/USD): range, levels and drivers

Measured, self-checked, and never a buy or sell call.

Data as of 15 Oct, 11:57 UTC (refreshed about every 10 minutes). XAGUSD.

Price

56.69900

+1.75% today

Expected range - about 80% of past moves stayed within

12h +/-1.00033 (1.76%)

24h +/-1.49328 (2.63%)

A volatility range, not a direction or a target.

Key levels and structure

Key levels: PDH 59.36800 (2.66900 above), PDL 55.38500 (1.31400 below).

Structure (descriptive only): 1h bias bullish, 4h bias bearish. Volatility: normal (ATR 0.90x its recent average). Our back-tests found no reliable directional edge in this reading, so it describes the market and does not predict it.

Macro drivers

Alignment: Supports silver (70% of driver weight points the same way). 5 of 5 drivers have data. A rule-based agreement of drivers, not a forecast.

Upcoming high-impact events

  • 2026-10-15 12:30 UTC (in 32 min) - USD Core PPI m/m [forecast 0.3%, previous 0.2%]
  • 2026-10-15 12:30 UTC (in 32 min) - USD Core Retail Sales m/m [forecast 0.6%, previous 1.4%]
  • 2026-10-15 12:30 UTC (in 32 min) - USD PPI m/m [forecast 0.6%, previous 0.4%]
  • 2026-10-15 12:30 UTC (in 32 min) - USD Retail Sales m/m [forecast 0.3%, previous 1.2%]
  • 2026-10-16 03:30 UTC (in 15h 32m) - USD Fed Chairman Warsh Speaks

What moves Silver in our reading

Silver trades partly as a precious metal and partly as an industrial one, and it usually moves more per day than gold. The platform reads real yields, the dollar, stock-market risk appetite, Treasury yields and silver's own momentum, and measures its typical 12 and 24 hour move.

  • Real yield (10Y TIPS) (weight 25): a rise in real yield (10y tips) counts as a headwind.
  • US dollar (weight 20): a rise in us dollar counts as a headwind.
  • Risk appetite (stocks) (weight 10): a rise in risk appetite (stocks) counts as support.
  • Treasury yields (weight 10): a rise in treasury yields counts as support.
  • Silver momentum (SLV) (weight 35): a rise in silver momentum (slv) counts as support.

Do these ranges hold up?

Every few hours we record the range above and check it afterwards. The live result for Silver:

  • 12-hour window: 3 checked so far, 67% stayed inside - too few for a verdict (needs 30).
  • 24-hour window: collecting data (a verdict appears after 30 checked forecasts).

See every market on the calibration scoreboard and how this is built on the methodology page.

Trading systems for Silver

Browse the full marketplace. Every listing shows the evidence AT24 computed, never a seller-authored claim.

Nothing here is financial advice or a recommendation to buy or sell. Read the disclaimer. All markets: live market hubs.