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Silver Price Analysis – Silver Drops as Rates Continue to Pressure Market

Silver drifts lower as rates rise. This has been the way for some time, and Thursday will not have been any different.
Date: 28.05.2026  |  Source: fxempire.com
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Quotes

Instrument Price Change (%)
EURUSD 1.165660 +0.26493%
GBPUSD 1.344380 +0.13034%
USDJPY 159.176000 -0.14053%
XAUUSD 4507.675000 +1.15695%
USDCAD 1.379450 -0.32228%
NZDUSD 0.593060 +0.50331%
USDCHF 0.783730 -0.30022%
AUDUSD 0.716530 +0.34029%
EURGBP 0.867030 +0.16752%
EURJPY 185.540000 +0.12898%
GBPJPY 213.983000 -0.042509%
AUDJPY 114.053000 +0.26197%
CADJPY 115.398000 +0.17187%
CHFJPY 203.091000 +0.1756%
NZDJPY 94.385000 +0.37007%
GBPCHF 1.053590 -0.23389%
EURCHF 0.913520 -0.068916%
USDMXN 17.319350 -0.18069%
USDZAR 16.227100 -0.88444%
USDTRY 45.879500 -0.03105%
USDRUB 71.090000 +0.28312%
USDSEK 9.245850 -0.4431%
USDCNY 6.779100 +0.011802%

Upcoming Important Events

Time Country Event Forecast Previous
29.05.2026
05:00 🇯🇵 Consumer Confidence (May) 32 32.2
06:45 🇫🇷 Inflation Rate YoY (May) 2.5 2.2
09:00 Inflation Rate YoY (May) 3.2 2.7
10:30 GDP Growth Rate YoY (Q1) 7.8 7.8
12:00 🇩🇪 CPI MoM (May) 0.1 0.6
12:00 🇩🇪 Inflation Rate YoY (May) 2.9 2.9
12:30 🇨🇦 GDP Growth Annualized (Q1) 1.5 -0.6
12:30 🇨🇦 GDP Growth Rate QoQ (Q1) 0.1 -0.2
31.05.2026
01:30 NBS Manufacturing PMI (May) 50.5 50.3
01.06.2026
01:45 S&P Global Manufacturing PMI (May) 51.9 52.2