Wednesday, 10 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Silver Prices Rise Again As Dollar Weakens
Tuesday, 7 January 2025 14:18 WIB | SILVER |PerakSILVER

Silver prices rose above $30 an ounce on Tuesday ( 7/1), hitting a nearly three-week high as the U.S. dollar weakened following reports that the new Trump administration may take a more targeted approach to tariffs.

However, President-elect Donald Trump denied the reports, prompting caution among market participants. Looking ahead, investors are focused on key U.S. labor market data this week to assess the outlook for Federal Reserve monetary policy, which could influence the direction of the dollar. Silver is also getting support from a positive economic outlook in China, the world's largest silver consumer. Beijing recently pledged to pursue "more proactive" macroeconomic policies and lower interest rates this year to stimulate growth.(AL)

Source: Trading Economics

RELATED NEWS
Silver Firms Up on Fed Rate Cut Bets...
Wednesday, 10 September 2025 11:03 WIB

Silver climbed above $41 per ounce on Wednesday, holding near 14-year highs as traders increased wagers on US Federal Reserve rate cuts. On Tuesday, the Bureau of Labor Statistics reported the US econ...

Silver Consolidates Near Peak, Dollar Pressure Eases...
Tuesday, 9 September 2025 08:40 WIB

Silver is currently trading at around US$41.26 per ounce in Asian trading on Tuesday, a slight decline of 0.19% from the previous session. This level remains near its highest level in recent years, re...

Silver Breaks $41 Amid Fed Rate Cut Speculation ...
Monday, 8 September 2025 18:50 WIB

Silver futures prices have risen again above $41 per ounce, their highest level since August 2011, as signs of a easing US labor market strengthen expectations of a Fed interest rate cut this year. T...

Silver Price Forecast: XAG/USD attracts some sellers to near $40.50 as Fed rate cut bets grow...
Monday, 8 September 2025 11:24 WIB

The Silver price ( XAG/USD) trades in negative territory around $40.65 during the early Asian session on Monday. The white metal retreats from the 14-year-old amid the prospect of a US Federal Reserve...

Silver Hovers Near 14-Year High...
Friday, 5 September 2025 12:56 WIB

Silver climbed to around $41.8 per ounce on Friday, holding near its strongest levels since 2011 as signs of a cooling US labor market reinforced expectations for a Federal Reserve rate cut. The lates...

LATEST NEWS
Gold Hovers Near Record High Ahead Of US Inflation Data

Gold prices hovered near an all-time high on Wednesday, buoyed by expectations of a U.S. interest rate cut this month, while market participants awaited U.S. inflation data for clues on the Federal Reserve's monetary policy path. Spot gold was up...

Rate Cut Speculation Drives Gold Prices Higher

Gold prices are currently rising on Wednesday (September 10th), driven by growing expectations that the Federal Reserve will cut interest rates at its meeting next week. Weaker-than-expected US economic data, including revised Nonfarm Payrolls and...

Oil Prices Rise After Israeli Strikes, But Oversupply Limits Gains

Oil prices rose on Wednesday (September 10th) after Israel attacked Hamas leaders in Qatar, Poland shot down a drone, and the US pushed for new sanctions on Russian oil buyers, but concerns over crude oversupply limited further gains. Brent crude...

POPULAR NEWS
Will Nonfarm Payrolls revisions hint at a 50 bps Fed cut next week
Tuesday, 9 September 2025 04:05 WIB

The United States (US) Bureau of Labor Statistics (BLS) will publish the 2025 preliminary benchmark revision to the Establishment Survey Data on...

Russian Forces Attack Power Plant In Kyiv Region, Ukraine's Energy Ministry Says
Monday, 8 September 2025 17:12 WIB

Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday,...

European shares end higher amid all eyes on French no-confidence vote
Tuesday, 9 September 2025 01:52 WIB

European shares finished higher on Monday, while French stocks also rose as investors stayed calm in the run-up to a no-confidence vote later in the...

United States Stock Market Rise Ahead Inflation data
Tuesday, 9 September 2025 03:36 WIB

Wall Street kicked off the week with gains on Monday as investors positioned ahead of a data-heavy week that includes two key inflation reports...