Thursday, 24 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Silver Continues to Fall Ahead of Fed Meeting
Tuesday, 17 December 2024 13:22 WIB | SILVER |PerakSILVER

Silver held below $30.5 an ounce on Tuesday (12/17) after facing heavy selling pressure in recent sessions, weighed down by concerns about a more measured pace of easing from the U.S. Federal Reserve next year. The Fed is widely expected to deliver a 25 basis point interest rate cut this week, but may signal fewer cuts for 2025 amid concerns about a potential resurgence in inflation. Silver and other metals are also facing pressure from ongoing demand uncertainty in China, the world's largest consumer of the metal.

Earlier this week, data showed that China's retail sales growth slowed more than expected in November, reflecting weaker consumption. Additionally, new home prices fell for a 17th straight month, highlighting ongoing challenges in the property sector. Meanwhile, Beijing's latest stimulus pledges have failed to generate significant investor optimism, largely due to a lack of details on the potential size and scope of the rescue package.
Source: Trading Economics

RELATED NEWS
XAG/USD treads water near multi-year highs amid cautious optimism...
Wednesday, 23 July 2025 21:38 WIB

Silver (XAG/USD) is treading water on Wednesday after a sharp two-day run to mark fresh multi-year highs. The metal consolidating just below the key $39.50 mark during the American trading hours. Whil...

Silver Price Forecast: XAG/USD trades above $39.00, reaches fresh 14-year highs...
Wednesday, 23 July 2025 11:49 WIB

Silver price (XAG/USD) edges lower after reaching $39.39, the highest since September 2011, and currently trading around $39.20 per troy ounce during the Asian session on Wednesday. The price of Silve...

Silver Price Forecast: XAG/USD ticks down to near $38.80, stays close to multi-decadal highs ...
Tuesday, 22 July 2025 13:01 WIB

Silver price (XAG/USD) edges lower to near $38.80 during the early European session on Tuesday. Still, the white metal is close to its decadal high around $39.00. The outlook of the white metal remain...

Silver Climbs Higher on Weaker Dollar, Yields ...
Monday, 21 July 2025 14:05 WIB

Silver prices climbed toward $38.5 per ounce on Monday, building on recent gains as the US dollar and Treasury yields retreated amid growing expectations for a Federal Reserve rate cut. Fed Governor ...

Silver Price Forecast: XAG/USD struggles near $38.00 due to diminished odds of Fed cuts...
Friday, 18 July 2025 12:06 WIB

Silver price (XAG/USD) holds mild losses after two days of gains, trading around $38.20 per troy ounce during the Asian hours on Friday. The non-interest-bearing Silver attracts some sellers as the up...

LATEST NEWS
EU Diplomats See Progress Toward a US Trade Deal with 15% Tariffs

The European Union and the US are moving toward a deal that would impose 15% tariffs on most products, according to diplomats briefed on the negotiations. Member states are likely ready to accept 15% tariffs, and EU officials are pushing for them...

Gold Falls as US Deal with Japan and EU Talks Ease Trade Concerns

Gold fell after a three-day rally as US President Donald Trump's deal with Japan and reports of progress in negotiations with the European Union eased trade war fears that had fueled demand for safe-haven assets. Bullion fell as much as 1.4% after...

European Stocks Close Sharply Higher

European stocks closed sharply higher on Wednesday (July 23), halting three previous trading sessions' declines, buoyed by speculation that the US might accept lower tariffs following a new trade deal with Japan. The Eurozone STOXX 50 rose 1.1% to...

POPULAR NEWS
Asia markets trade mixed as investors assess trade developments, await China benchmark rates
Monday, 21 July 2025 07:45 WIB

Asia-Pacific markets traded mixed Monday, as investors keep a close watch on the People's Bank of China's decision on its 1-year and 5-year loan...

U.S. Tariff on Indonesia May Take Effect Before August 1
Tuesday, 22 July 2025 08:39 WIB

A 19% U.S. tariff on Indonesian exports could take effect earlier than the previously expected August 1 deadline, Indonesia's chief economic...

European Stocks Slightly Lower
Monday, 21 July 2025 23:31 WIB

European stocks posted slight declines on Monday (July 21st) as markets continued to assess the trade outlook in the European Union. The Eurozone...

European Stocks Cautious
Monday, 21 July 2025 14:47 WIB

European stocks opened the week on a cautious note, with both the STOXX 50 and STOXX 600 hovering near the flatline as investors closely monitor...