The post Silver Price Forecast: XAG/USD wobbles around $75 in countdown to US-Iran talks appeared on BitcoinEthereumNews.com.

Silver price (XAG/USD) trades in a tight range around $75.00 during the European trading session on Friday. The white metal consolidates as investors await the United States (US) Consumer Price Index (CPI) data for March and the outcome of negotiations between the United States (US) and Iran on a permanent ceasefire in the Middle East, which are scheduled in Pakistan over the weekend. According to estimates, the US headline CPI grew strongly by 3.3% Year-on-Year (YoY) against the previous reading of 2.4%. The core CPI – which strips off volatile food and energy items – rose at a faster pace of 2.7% against 2.5% in February. There is no guarantee of the US inflation data influencing market expectations for the Federal Reserve’s (Fed) monetary policy outlook, even as figures turn out to be stronger-than-projected, as the data would be counted a one-off, if Iran agrees to no interference on the Strait of Hormuz permanently after negotiations with Washington. However, the 10-point peace proposal delivered by Iran for a permanent ceasefire and the Hormuz reopening requires Tehran’s authorial recognition on the passage. Meanwhile, a negative outcome of US-Iran talks would prompt global inflation expectations further and force traders to raise hawkish Fed bets for upcoming policy meetings. Theoretically, hawkish Fed expectations bode poorly for non-yielding assets, such as Silver. Silver technical analysis XAG/USD trades flat around $75.00 at the press time, with a broadly neutral near-term bias, as the price is close to the 20-day exponential moving average (EMA) at $75.06. The formation of a Symmetrical Triangle formation on a daily timeframe suggests consolidation rather than a clear directional push, while the Relative Strength Index (14) inside the 40.00-60.00 zone hints at balanced momentum after prior corrective pressure. On the topside, initial resistance is defined by the descending trend line near…

---

Filed under: News - @ April 10, 2026 9:33 am