Silver (XAG/USD)

📜 History

Silver has been used as money since ancient times, with some of the first silver coins struck in the kingdom of Lydia around 600 BC. For centuries many economies used silver as their main currency or as the base of their coinage. In the 19th century many countries used bimetallism or moved toward gold, and the US Coinage Act of 1873 ended free coinage of silver. In 1934 the US Silver Purchase Act raised government silver buying to support the metal. In 1965 the US removed silver from its dimes and quarters, which ended most silver coinage in circulation. In 1979 and 1980 the Hunt brothers tried to corner the silver market, and prices peaked near 50 dollars per ounce in January 1980 before collapsing on 27 March 1980, a day known as Silver Thursday. Silver spiked again near 50 dollars in 2011 and then fell for years.

⚙️ What moves the price

• →US dollar strength: silver usually falls when the dollar rises, because it is priced in dollars.
• →Real interest rates and Federal Reserve policy: lower real yields tend to support silver, since it pays no interest.
• →Industrial demand: solar panels, electronics, electric vehicles and medical uses drive a large share of silver demand.
• →Gold price and the gold-silver ratio: silver often follows gold, but with bigger moves in both directions.
• →Mine supply: most silver is produced as a by-product of lead, zinc, copper and gold mining, so supply does not respond quickly to price.

Character

• •About 1.5–2 times more volatile than gold in percentage terms.
• •Usually follows gold, but overshoots in both directions.
• •Sensitive to the US dollar, Fed decisions and industrial data from China.

When to trade

• ✅London and New York sessions.
• ✅When gold already shows a clear direction — silver often accelerates the move.

When not to trade

• ⛔US news releases: silver spikes even harder than gold.
• ⛔Asian session: low liquidity and false moves.
• ⛔Using the same lot as on gold — the risk per point is different.

Our verified setups

Latest closed signals

• SELL · M15 · SL04/11−$103
• SELL · M15 · SL28/10−$109
• SELL · M15 · SL13/10−$110
• SELL · M15 · TP508/10+$492
• SELL · M15 · TP508/10+$493

📊 Weekly report

Simulation: $10,000 deposit, $100 risk per trade. Pips — price movement; $ — result at fixed risk.