Read more
9:35 AM · 7 May 2026

Silver surges 3% 📈Precious metals bull market momentum is back?

Silver is gaining more than 3% and approaching the $80 per ounce level. Since the local low near $62 per ounce, the price has already climbed more than 25%, supported by a weaker US dollar, falling Treasury yields, and solid global industrial data. Silver is also breaking above the EMA50 (orange line) for the first time since April 17.

Source: xStation5

Looking at silver on the hourly timeframe, the chart shows a triangle formation, where the base scenario points toward an upside breakout. Such a move may already be unfolding, although the $80 area could still act as an important resistance zone, similarly to the $82–83 range, where the latest local peak is located.

Source: xStation5

7 May 2026, 9:52 AM

Chart of the Day: EURUSD Higher, but Still a Game of Expectations, Not a Trend

7 May 2026, 9:45 AM

NOK surges following Norges Bank's rate hike

7 May 2026, 7:05 AM

BREAKING: Strong data from the German manufacturing sector!

7 May 2026, 6:52 AM

Morning Wrap: US–Iran Peace Talks in the Shadow of Trump’s Ultimatum

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits