Silver Price Prediction for Next Week

Silver Price Prediction for Next Week (28th  July - 1st August 2025)

Comex Silver has also experienced profit-booking like Gold from the peak level of $39.52 in past week, settled on a negative note at $38.14 / ounces. On Daily chart, price has formed an Evening star formation alongside Doji weekly candle which are signs of bearish biasness in Silver price.

Silver benefited during the week from gold’s strength and its own industrial narrative driven by demand from manufacturing and electronics. However, a stronger dollar and persistent concerns over trade and geopolitical risks also restrained further upside.

Silver price has made another its all-time high at 116,641 in the mid of the week, however retraced towards weekend and managed to close at 113,130. This price action formed a bearish Doji candlestick at the peak on Weekly chart, suggesting bearish biasness among traders. Price has remained in Rising channel formation, sustained over 20-DEMA level placed at 111,450. Daily SAR is at 111,236.

We expect that Silver price may trade with Moderately Bearish trend and traders may look forward for Sell-on-rise opportunity in Silver in upcoming week. Overall, silver looks weaken, but traders should watch for a throwback to support levels before continuation or consider trailing stop-losses for existing long positions.

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Prediction given by Technical Research Team - Choice.