On June 21, 2026 (GMT-5), XAG/USD faced heavy bearish headwinds and closed sharply lower, under pressure from a surging U.S. dollar and elevated Treasury yields fueled by hawkish Federal Reserve rate hike signals. The silver pair traded between $64.22 and $65.87, opening at $65.35 and settling near $64.91 with a daily drop of over 1.4%. Diminished safe-haven demand, weak industrial activity sentiment and widespread long liquidation dragged silver prices down; limited dip-buying only slowed the slide without reversing the dominant downtrend.Bullish outlook for the market tomorrow; target level: 65.00.

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