Silver Price Today : August 22, 2025 – Silver price (XAG/USD) is trading around 💰$38.10 per troy ounce during the European session on Friday, after two days of continuous gains. The chart still shows a descending channel pattern, which signals that the market bias remains slightly bearish.
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- Silver Price Outlook: Will the Bull Run Continue? [August 2025]
- Silver Prices Stay Resilient Near $39 – What’s Driving the Market?
- Silver uptrend remains intact, with price holding above the 21-day EMA at $37.50, What’s Next for Indian Investors?
Silver Price Today Outlook
For Indian readers, this means the silver rate in India (which is closely linked to global prices) might also see some ups and downs in the short term. Many jewellers in Delhi, Mumbai, and Ahmedabad are keeping a close eye on these movements as the festive season demand (Ganesh Chaturthi, Diwali) is not far away.
👉 You can always check the latest Silver Rate in India here: Live Silver Prices – MCX India
📊 Technical Analysis of Silver (XAG/USD)
1. RSI and EMA Signals
- The 14-day RSI is above the 50 level, which usually hints at a possible bullish momentum.
- Silver is also trading slightly above the 9-day EMA (💰$37.96) – showing short-term buyers are still active.
2. Silver Support Levels to Watch
- Immediate support sits at 💰$38.00, aligned with the 9-day EMA.
- If silver falls below this mark, the next levels are:
- 💰$37.21 (50-day EMA)
- 💰$35.60 (channel’s lower boundary)
- 💰$35.28 (11-week low, June 24)
If these supports break, it can mean a bigger downtrend for silver.
3. Silver Resistance Levels on the Upside
- First hurdle is at💰$38.60 (upper boundary of the channel).
- A breakout above this may open the way towards 💰$39.53, which was the highest silver price since 2011 (touched on July 23, 2025).
💡 What Does This Mean for Indian Investors?
For us in India, silver is not just an investment—it’s also about culture and tradition. From silver jewellery in weddings to silver coins gifted during Diwali, demand often spikes during the festive months.
If the INR weakens against USD, Indian silver prices can rise even if global silver prices stay flat. So, always keep an eye on both international silver rates and the rupee-dollar exchange rate.
For more market insights, you can also follow Kitco’s Silver Market News which is trusted globally.
✅ Conclusion
At present, silver is holding just above 💰$38, but traders should stay alert. If it breaks below 💰$38, we may see a deeper dip. On the other hand, a breakout above 💰$38.60 could push silver towards the 💰$39.50 zone.
For Indian buyers and investors, this is a wait-and-watch situation. If you’re planning to buy silver for upcoming festivals or investment, keeping track of these levels will help you make better decisions.
Disclaimer: Goldsilverreports.com advises users to check with certified experts before making any investment decisions.