Thursday, 30 October 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Silver Prices Drop As Dollar Strengthens
Tuesday, 28 January 2025 14:25 WIB | SILVER |PerakSILVER

Silver prices fell to around $30 an ounce on Tuesday (1/28), extending losses from the previous session as the dollar strengthened amid increasing tariff threats from U.S. President Donald Trump. Trump unveiled plans to impose tariffs on imported chips, pharmaceuticals, steel, aluminum and copper in an effort to boost domestic production. Traders also remained cautious ahead of a Feb. 1 deadline for the first round of tariffs targeting China, Mexico and Canada, as previously announced by the president. Meanwhile, investors are preparing for this week's U.S. Federal Reserve policy decision, which is widely expected to keep interest rates unchanged. Additionally, excess capacity in China's solar panel industry has prompted photovoltaic companies to join a government-led self-discipline program, which is expected to curb demand for silver from one of its key industries. (AL)

Source: Trading Economics

RELATED NEWS
Silver Holds Strength, But Challenges Await ...
Thursday, 30 October 2025 10:24 WIB

Silver prices on October 30, 2025, showed stable movement despite market uncertainty. After several days of pressure, silver managed to recover slightly, moving around $23.50 per ounce this morning. T...

Silver Strengthens on Safe-Haven Demand, Fed Rate Cut Expectations ...
Wednesday, 29 October 2025 18:55 WIB

Silver (XAG/USD) strengthened on Wednesday (October 29th), rising 2.50% for the day and trading around $48.25 per ounce at the time of writing. The gray metal benefited from renewed interest in safe-h...

Silver Falls Sharply, Is It Safe to Enter?...
Monday, 27 October 2025 10:39 WIB

Silver prices fell to around $48 per ounce on Monday (October 27th), continuing last week's sharp decline. Safe-haven sentiment began to weaken as the market saw the possibility of a US-China trade tr...

Silver prices consolidate below $49 on Fed rate cut prospects...
Saturday, 25 October 2025 00:07 WIB

Silver (XAG/USD) weakened on Friday, trading around $48.85 per troy ounce at the time of writing, down 0.10% for the day, as the market consolidated below the psychological $49 level. The precious met...

LATEST NEWS
Dollar Slightly Dips After Cautious Signals From the Fed

The dollar weakened slightly after hitting a two-week high on Wednesday, fueled by cautious signals from the Federal Reserve regarding the possibility of further interest rate cuts. The US central bank cut interest rates by 25 basis points, as...

Nikkei Hits Peak - Euphoria or Bubble?

The Nikkei 225 index edged up 0.04% to 51,326, while the Topix index gained 0.69% to 3,301 on Thursday, hitting a new record. The gains came after the Bank of Japan held its benchmark interest rate at 0.5% by a 7-2 vote, with two members (Naoki...

Silver Holds Strength, But Challenges Await

Silver prices on October 30, 2025, showed stable movement despite market uncertainty. After several days of pressure, silver managed to recover slightly, moving around $23.50 per ounce this morning. The strengthening US dollar, driven by hawkish...

POPULAR NEWS
Asian Stocks Gain on AI, Now Awaiting the Fed
Wednesday, 29 October 2025 07:34 WIB

Asian stock markets opened higher on Wednesday (October 29th), buoyed by positive sentiment from Wall Street. Investors are confident that the...

Is Europe Still Bullish or Starting to Be Cautious?
Tuesday, 28 October 2025 14:50 WIB

The European session on Tuesday, October 28, 2025, opened on a more cautious note. After consecutive rallies and a new record on the STOXX 600...

European Stocks See Slight Correction!
Wednesday, 29 October 2025 15:01 WIB

European stocks weakened slightly on Wednesday (October 29, 2025), after several consecutive days of record highs. The STOXX 600 index fell by...

Fed poised to cut rates this week, with more easing likely on tap
Monday, 27 October 2025 23:10 WIB

Federal Reserve policymakers are widely expected to reduce U.S. short-term borrowing costs this week by a quarter of a percentage point for the...