Silver gives back some of its recent gains

By Ahmed Ashraf On Aug 13, 2026

Silver

Silver trades below the $66.75 resistance area, which is likely to limit the pace of gains in today’s trading.

Support	*60.50*	*55.50*
Resistance	66.75	71

Silver prices fell to around $64.40 per ounce after strong gains in previous sessions, in a move that appears more like profit taking and a short-term correction than a full reversal of the broader uptrend. Technically, the focus remains on the price’s ability to hold current support levels, while a break below them could trigger further selling pressure, especially as markets await U.S. inflation and producer price data and reassess expectations for U.S. interest rates.

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Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

Sterling rises as the dollar weakens after U.S. inflation data

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