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Silver Price Forecast: Rising Oil Prices and Inflation Risks Could Push Silver Toward $300

Silver surged over the past year after breaking a major long-term resistance level, while rising oil prices are increasing inflation risks and tightening financial conditions are raising concerns about an economic slowdown.
Date: 15.03.2026  |  Source: fxempire.com
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Instrument Price Change (%)
EURUSD 1.142200 -0.77193%
GBPUSD 1.323570 -0.79813%
USDJPY 159.536000 +0.11798%
XAUUSD 5019.690350 -1.1727%
USDCAD 1.371500 +0.56682%
NZDUSD 0.578770 -1.12282%
USDCHF 0.790530 +0.63908%
AUDUSD 0.698570 -1.2777%
EURGBP 0.862000 -0.025516%
EURJPY 182.186200 -0.68566%
GBPJPY 211.347000 -0.73031%
AUDJPY 111.496000 -1.1588%
CADJPY 116.345000 -0.42536%
CHFJPY 201.715000 -0.54678%
NZDJPY 92.350000 -1.01004%
GBPCHF 1.047760 -0.020674%
EURCHF 0.902660 -0.2651%
USDMXN 17.918000 +0.47495%
USDZAR 16.922500 +1.06304%
USDTRY 44.162900 -0.007019%
USDRUB 80.025000 +0.67304%
USDSEK 9.458300 +1.24328%
USDCNY 6.895600 +0.38871%

Upcoming Important Events

Time Country Event Forecast Previous
16.03.2026
02:00 Industrial Production YoY (Jan) 5.1 5.2
02:00 Retail Sales YoY (Jan) 2.5 0.9
12:30 🇨🇦 Inflation Rate YoY (Feb) 2.3
17.03.2026
03:30 🇦🇺 Interest Rate Decision (Mar) 4.1 3.85
03:30 🇦🇺 RBA Interest Rate Decision 4.1 3.85
10:00 🇩🇪 ZEW Economic Sentiment Index (Mar) 39 58.3
23:50 🇯🇵 Balance of Trade (Feb) -485 -1152.7
18.03.2026
12:30 🇺🇸 Press Conference
12:30 🇺🇸 Producer Price Index MoM (Feb) 0.3 0.5
13:45 🇨🇦 BoC Interest Rate Decision 2.25 2.25