As a result of supply and demand, the silver price is also subject to speculation. A close watch is kept on the silver price by traders because of its volatility potential, along with the fact that the metal is considered a viable hedging instrument. It follows the price of gold since gold is regarded as a store of value, but the ratio can vary depending on demand. In order to be informed of the latest silver news and forecasts, you can use the silver historical chart to follow the spot price of silver (XAG/USD) and read the latest silver news and forecasts to support your analysis and trading decisions. It is helpful to have a better understanding of silver price pivot points, support and resistance levels, and a variety of other technical information. This will enable you to trade this commodity consistently.