Saturday, 24 January 2026
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Silver Price Forecast: XAG/USD Bounces Back to Near $29.50 Due to Increased Risk Aversion
Monday, 30 December 2024 12:35 WIB | SILVER |PerakSILVER

Silver price (XAG/USD) recovers its recent losses from the previous session, trading around $29.50 per troy ounce during the Asian hours on Monday. However, trading volume is lighter than usual ahead of the New Year holiday.

The safe-haven Silver appreciates as traders anticipate signals regarding the United States (US) economy under the President-elect Trump administration and the Federal Reserve's (Fed) interest rate outlook for 2025.

The potential for Donald Trump's tariffs and trade policies could trigger trade conflicts, increasing the risk aversion sentiment and supporting the demand for safe-haven assets like Silver. However, the outlook for fewer Fed rate cuts in 2025 might cap the upside for the price of the non-yielding Silver. The Fed cut its benchmark interest rate by a quarter point at the December meeting, and the latest Dot Plots indicated two rate cuts next year.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against its six major peers, hovers around 108.00, slightly below its highest level since November 2022. Any further strengthening of the Greenback could limit the upside of the dollar-denominated precious commodities like Silver, as a stronger USD makes these assets more expensive for holders of other currencies.

Source : FXStreet

RELATED NEWS
Silver Corrects, Investors Begin to Take Profits...
Wednesday, 7 January 2026 17:14 WIB

Silver prices (XAG/USD) reversed their decline on Wednesday (January 7th) after three sessions of surges. Silver fell around 2.5% to around US$79.27 per troy ounce in the latest trading session, marki...

Silver Could Be the Favorite Now!...
Wednesday, 7 January 2026 08:12 WIB

The silver market remains firmly focused on the fundamentals that support today's high prices. Despite some corrections in recent days, the underlying structure of the silver market remains tight due ...

Silver Strengthens Again...
Tuesday, 6 January 2026 23:23 WIB

Silver rose to around $79 per ounce on Tuesday, marking a third consecutive session of gains and moving toward record levels. The US attack on Venezuela and the capture of President Nicolas Maduro add...

Silver Begins to Shine at the Start of 2026, a Significant Signal from the Global Economy?...
Friday, 2 January 2026 08:02 WIB

Silver prices strengthened today, January 2, 2026, as investor interest increased at the start of the year. Market sentiment was driven by persistently high global uncertainty, leading silver to regai...

Silver Stable on Final Day of Year, Investors Remain Cautious...
Wednesday, 31 December 2025 08:16 WIB

Silver prices traded steadily on Wednesday, December 31, 2025, as the year draws to a close. Price movements tended to be limited as many investors opted to hold off amid low liquidity and a relativel...

LATEST NEWS
Gold Takes a Break, Goldman Sachs Targets $5,400

Gold prices briefly caused a stir after hitting a new record, but then slowed. The main trigger: US President Donald Trump withheld the threat of tariffs on Europe and claimed there was a "framework" for a future agreement on Greenland. This calmer...

Oil Prices Steady, Market Responds Positively After Trump Drops Tariff Threat

Oil prices were little changed in Asian trading on Thursday after US President Donald Trump backed down from a threat to impose tariffs on European countries over Greenland. This decision helped ease geopolitical tensions and improve market...

Japanese Shares Rebound on Tech Boost

The Nikkei 225 Index climbed 1.73% to close at 53,689, while the broader Topix Index rose 0.74% to 3,616 on Thursday, snapping a five-day losing streak as Japanese shares were lifted by a strong rally in chip and artificial intelligence related...

POPULAR NEWS