South Africa SARB Interest Rate Decision meets expectations (7%)

May 28, 2026

Silver Price Forecast: XAG/USD recovers after US PCE data while bearish structure remains intact

Silver (XAG/USD) recovers on Thursday as the US Dollar (USD) eases following the latest US Personal Consumption Expenditures (PCE) data. At the time of writing, XAG/USD is trading around $734.11, rebounding after hitting a one-month low near $71.79 earlier in the day.

United States Q1 GDP growth revised to 1.6% vs. 2% expected

The United States' (US) real Gross Domestic Product (GDP) expanded at an annual rate of 1.6% in the first quarter, the US Bureau of Economic Analysis (BEA) reported on Thursday. This print followed the 2% growth reported in the initial estimate and came in below the market expectation of 2%.