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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Silver prices (XAG/USD) faced selling pressure during Thursday's trading, retreating from a session high of $76.60 to trade near $75.20, a decline of 0.7%. This downward move coincided with a 0.3% rise in the benchmark 10-year US Treasury yield, which climbed toward 4.6%. According to reports, the rebound in yields followed a brief correction, diminishing the appeal of non-yielding precious metals.
The price action reflects stabilizing yields at elevated levels as initial optimism regarding a potential US-Iran deal faded. In comparison to peer assets, gold showed similar sensitivity to the dollar and yield fluctuations per market data. Investors are currently recalibrating inflation expectations following US Retail Sales data, which showed a 0.5% growth in May 2026 according to the economic calendar, supporting a higher-for-longer yield environment.
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Sign InMarket participants are watching for silver to hold support near the $75.00 level, with the 10-year yield standing at 4.6% (close May 20, 2026) acting as a primary driver. Looking ahead, key catalysts include Chinese Industrial Production and Retail Sales data scheduled for May 18, which are critical for silver given its dual role as both a precious and industrial metal.