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  1. Markets
  2. /Metals
  3. /XAG/USD

XAG/USD

Silver vs. US Dollar

Silver vs US Dollar — a precious metal with both investment appeal and significant industrial demand.

Trade XAG/USDTry a demo
Contract size
5,000 oz
Margin
5% up to 15 lots at 1:100
Minimum trade
0.01 lot (50 oz)
Hours (server time)
Mon 01:02 – Fri 23:58 · daily break 23:58–01:01
Price chart

XAG/USD price history.

Last price (bid)53.897−0.692 (−1.27%)todayas of Oct 23, 23:45 server time (GMT+3)

Prices are our trading platform's bid for XAGUSD. Times are server time, New York + 7 hours (GMT+3 now). Past performance is not a reliable indicator of future results.

Charts by TradingView

Day's range
53.017 – 54.725
52-week range
45.528 – 121.611

Performance

1 week
−6.06%
1 month
−19.61%
3 months
−9.68%
Year to date
−24.49%
1 year
+11.31%
Trading costs

What a XAG/USD trade costs.

The spread when you open, shown live above, and a swap for each night the position stays open. Spreads widen around news and at low liquidity.

Overnight swap
Long-8.35≈ -$41.75
Short4.18≈ +$20.90
Points per lot · tripled on Wednesday
Compare accounts →
Contract specifications

XAG/USD in detail.

Read from our trading platform daily. The specification in MetaTrader 5 always prevails.

Trading week (server time)

  • Mon: 01:02–23:58
  • Tue: 01:01–23:58
  • Wed: 01:01–23:58
  • Thu: 01:01–23:58
  • Fri: 01:01–23:58
  • Sat: Closed
  • Sun: Closed
Mon
Tue
Wed
Thu
Fri
Sat
Sun
0006121824

Daily break 23:58–01:01.

Server time is New York time + 7 hours.

Symbol
XAGUSD
Description
Silver vs. US Dollar
Contract size
5,000 oz
Lot size
0.01 – 20.00, step 0.01
Digits
3
Margin
5% up to 15 lots at 1:100Margin by position size →
Quote currency
USD
Swap long / short
-8.35 / 4.18 points
Triple swap
Wednesday
Execution
Market, STP-first
Seasonality

XAG/USD month by month.

The change in each calendar month, from our platform's month-end closing prices (bid). Our history for this instrument starts in November 2021.

YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+18.98%+10.40%−19.84%−1.91%+2.11%−22.22%−1.66%+15.57%−9.27%−10.73%
2025+8.31%−0.52%+9.44%−4.32%+1.13%+9.48%+1.69%+8.10%+17.56%+4.15%+16.07%+26.62%
2024−3.60%−1.15%+10.15%+5.28%+15.68%−4.22%−0.43%−0.52%+7.99%+4.83%−6.29%−5.58%
2023−1.01%−11.94%+15.26%+3.97%−6.12%−3.18%+8.74%−1.28%−9.18%+2.97%+10.59%−5.88%
2022−3.63%+8.84%+1.38%−8.24%−5.22%−5.95%+0.42%−11.64%+5.79%+0.68%+15.83%+8.02%
2021−4.45%+2.07%
Average+3.81%+1.13%+3.28%−1.04%+1.52%−5.22%+1.75%+2.05%+2.58%+3.16%+6.35%+5.05%
Months higher2/52/54/52/53/51/53/52/53/54/43/53/5

Month to date · Past performance is not a reliable indicator of future results.

News and events

XAG/USD: related news and releases.

Our analysis

No recent articles on this instrument.

Recent headlines

  • Gold, silver extend weekly losses as Hormuz tensions push crude above $116

    Kitco · Oct 24, 00:30

  • Gold, silver pressured despite lower yields as Hormuz attacks send crude higher

    Kitco · Oct 22, 15:57

  • Royal Mint sees record silver and platinum sales, renewed gold demand despite higher prices and rising bond yields

    Kitco · Oct 21, 20:05

Headlines from other publishers, linked to the original article. They are not written or endorsed by GCC Brokers.

Key releases

  • Durable Goods Orders MoMUSD

    Oct 27, 15:30 · Forecast 0.6% · Previous 0%

  • Fed Interest Rate DecisionUSD

    Oct 28, 21:00 · Forecast 4% · Previous 4%

  • Fed Press ConferenceUSD

    Oct 28, 21:30

  • Core PCE Price Index MoMUSD

    Oct 29, 15:30 · Forecast 0.3% · Previous 0.2%

  • GDP Growth Rate QoQ AdvUSD

    Oct 29, 15:30 · Forecast 3% · Previous 2.2%

  • Personal Income MoMUSD

    Oct 29, 15:30 · Forecast 0.3% · Previous 0.2%

High-impact releases for XAG, USD over the next 7 days, in server time (GMT+3). Dots on the 1D and 5D charts mark recent releases.

About

About XAG/USD

XAG/USD represents the price of one troy ounce of silver quoted in US dollars. Silver is unique among precious metals because it serves a dual role: it is both a monetary metal (a store of value like gold) and an industrial commodity used in electronics, solar panels, medical devices, and automotive applications.

Silver prices tend to follow gold but with higher volatility — it is common for silver to move 1.5–2x the percentage of gold on a given day. The gold/silver ratio is a widely watched metric among metals traders. Industrial demand from the green energy transition (solar photovoltaics) has become an increasingly important price driver.

At GCC Brokers, XAG/USD is traded as a CFD with automatic execution. Silver's higher volatility compared to gold offers larger intraday moves, making it attractive for active traders. Execution is automatic, with no manual intervention.

FAQ

Frequently Asked Questions

What are the trading hours for XAG/USD?

XAG/USD trades nearly 24 hours a day, five days a week, with a short daily break. The exact hours, in server time, are in the specifications above.

Is silver more volatile than gold?

Yes. Silver typically moves 1.5–2x the percentage of gold on any given day. This higher volatility means larger profit potential but also greater risk — position sizing and stop losses are important.

What is the gold/silver ratio?

The gold/silver ratio measures how many ounces of silver it takes to buy one ounce of gold. Historically, it ranges between 40 and 90. Traders use it to gauge whether silver is relatively cheap or expensive compared to gold.

What drives the silver price?

Key drivers include gold price movements, industrial demand (particularly solar energy), US dollar strength, Federal Reserve policy, inflation expectations, and mine supply data. Silver is sensitive to both precious metal sentiment and industrial cycle.

What spreads does GCC Brokers offer on silver?

Spreads are variable and depend on market conditions and your account. Standard and Pro have no commission, and Pro has tighter spreads; Zero has raw spreads plus a commission. The live spread is shown on this page.

More Metals

Related instruments.

All Metals →
  • XAU/USDGold vs. US Dollar
  • XAU/EURGold vs. Euro
  • XAU/CNHGold vs. Chinese Yuan
  • XPT/USDPlatinum vs. US Dollar

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Trade XAG/USD on MT5.

Open accountTry a demo
Compare accounts→Trading hours→Margin and pip calculators→
Live price · Standard account pricesMarket openMarket closedConnecting…
Sell (bid)53.897
Buy (ask)53.938
Spread
0.041
Digits
3
Updated
—

Prices stream from our trading platform. Pro and Zero accounts are priced differently; see trading costs below.