XAGUSD
Market is open. Closes in 19h 20m
Silver vs US Dollar
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
5000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
2.7 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
0.03% |
|
Long swap, points
|
-8.52 |
|
Short swap, points
|
-1.08 |
|
3 days swap
|
Wednesday |
|
Profit currency
|
XAG |
| Trading time (MT server time) | |
|---|---|
| Market is open. Closes in 19h 20m | |
| Sunday | - |
| Monday | 01:02 - 23:57 |
| Tuesday | 01:01 - 23:57 |
| Wednesday | 01:01 - 23:57 |
| Thursday | 01:01 - 23:57 |
| Friday | 01:01 - 23:57 |
| Saturday | - |
Description
The XAGUSD pair represents the price of silver (XAG) in US dollars (USD). Silver is both a precious metal and industrial commodity, making it sensitive to a variety of market forces.
Factors influencing XAGUSD:
- Industrial demand: Silver’s use in electronics, solar panels, and medical applications.
- USD strength: A stronger dollar generally lowers silver prices.
- Inflation hedging: Silver is used as a hedge against currency devaluation and economic uncertainty.
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