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fxJun 9, 2026, 6:47 PM

Silver (XAG/USD) Tumbles Over 3.5% as Bears Target $60

Silver (XAG/USD) fell more than 3.5% on Tuesday to around $65.50, its lowest since March, as selling pressure intensifies amid Middle East war headlines. Bears now target $60.

XAGUSD

Silver (XAG/USD) plunged over 3.5% on Tuesday, trading near $65.50 — its weakest level since March. The sharp decline was driven by rapidly shifting headlines around the conflict in the Middle East, which heightened risk aversion and prompted aggressive selling.

Bears are now setting their sights on the $60 level as downward momentum accelerates. The metal remains sensitive to geopolitical developments, with any escalation likely to fuel further losses.

At the time of writing, XAG/USD is consolidating near $65.50, with market focus still on the evolving situation in the Middle East.

Source: FXStreet Forex News