Silver Price Forecast: Tech Sell-Off Raises Risk of a Drop to $45 - FXEmpire

AI desk brief

Silver fell 8.84% last week as a tech-led risk-off move pressured the metal and Treasury yields eased below 5%, with the 10-year closing at 4.93%. The article says silver is now testing key support at $48-$50, with downside risk to $45-$46 if that floor breaks; a confirmed break below $45 could open $35-$37, while a rebound above $50 and then $55 would improve the recovery case toward $60.

The bearish near-term setup is tied to weaker tech equities, falling semis, and a still-uncomfortable inflation backdrop from higher oil prices. The author argues AI spending could support longer-term silver demand via computing hardware and power systems, but that is framed as a longer-horizon offset rather than an immediate bullish catalyst.