Silver usually follows gold (unless being manipulated in "solo" mode) while gold itself has strong negative correlation with USDX. Now when USDX seems to be on the rise, we could expect gold to decline somewhat in value...
Provided the US dollar continues its rally, of course (which is mostly due to Brexit and the hype thereof)
Its kinda interesting to know this but Does anyone hold those power to manipulate silver? as far as I know there is no one or a group that could manipulate silver as of now, it needs a whole country against another country if someone wants silver to be manipulated which in this case is not possible at all .
I don't know about right now, but if we look at the chart below the similarity between 1980 and 2011 is stunning. For inquiring minds, I have to remark that in 1979-80 the Hunt brothers tried to
corner the silver market...
A quote seems appropriate in respect to your question if anyone has enough power (money) to manipulate silver (emphasis added)
The brothers were estimated to hold one third of the entire world supply of silver (other than that held by governments). The situation for other prospective purchasers of silver was so dire that the jeweller Tiffany's took out a full page ad in The New York Times, condemning the Hunt Brothers and stating "We think it is unconscionable for anyone to hoard several billion, yes billion, dollars' worth of silver and thus drive the price up so high that others must pay artificially high prices for articles made of silver"