Silver Price Prediction for Next Week

Silver Price Prediction for Next Week (10th Aug - 14th Aug 2026)

Comex Silver prices closed at $63.5/oz, up by about 10% in a week as weaker U.S. employment data reduced expectations of a Federal Reserve rate hike this year. The unexpected decline in payrolls eased concerns over labor-market-driven inflation, lowering Treasury yields and supporting precious metals. The U.S. dollar index fell 0.5% to 99.4, near a two-month low, while the 10-year Treasury yield declined 7 basis points to 4.6%, reducing the opportunity cost of holding non-yielding silver. Industrial demand also provided support, with Chinese imports of silver-bearing ores surging 62.5% year-on-year to 219,000 tonnes in June, reflecting expanding production of solar panels and electricity-grid infrastructure. Market positioning has increasingly focused on whether the Fed can maintain its hawkish stance following softer labor data, leaving silver supported by both monetary and industrial demand.

Like Gold, Silver price has rebounded marginally from dips after a consolidation and break through its previous hurdles and closed on a positive mark at 231,804, weekly gains of +6.58%. Previously. price has sustained over 50-EMA on Weekly chart placed at 213,425. On Daily timeframe, price has struggled to break through 100-DEMA level on Friday, placed at 235,632. Breakout of this level will boost upward momentum in Silver. Daily SAR is placed at 214,379 which will be major support level to look for. The momentum indicator, RSI remained around 50 on Daily as well as Weekly chart.

We are expecting Sideways-to-Bullish trend in Silver in upcoming week and traders should look for Buy-on-dips opportunity to trade.

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Prediction given by Technical Research Team - Choice.