Friday, 07 November 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Silver Snaps Three-day Losing Streak
Monday, 24 March 2025 14:55 WIB | SILVER |SILVER

Silver prices climbed above $33.10 per ounce on Monday, snapping a three-day losing streak, as safe-haven demand increased amid geopolitical tensions and economic uncertainty in the US.

Investors closely monitored US-led efforts to end the Russia-Ukraine war, while fighting in the Middle East escalated following Israeli airstrikes on a Gaza hospital on Sunday, which killed five people.

Silver also gained support from a weaker US dollar, as concerns grew that President Donald Trump's tariffs could slow economic growth. This, in turn, might push the Federal Reserve to cut interest rates further, boosting demand for precious metals.

Meanwhile, investors assessed the economic outlook in China, where Premier Li Qiang urged countries to open markets to counter global instability at the China Development Forum in Beijing on Sunday.

Source: Trading Economics

RELATED NEWS
Shiny Silver, Weak Dollar?...
Friday, 7 November 2025 11:25 WIB

Silver is trading in a high range (the December COMEX contract is around $48–49/oz) as risk-off sentiment spreads and the US dollar weakened. The sharp rise in Challenger job losses in October boosted...

Silver Prices Monitored To Be Stable...
Thursday, 6 November 2025 22:50 WIB

Silver held around $48.1 per ounce on Thursday, steadying after recent gains as investors digested stronger-than-expected US economic data. The ADP report showed that private employers added 42,000 jo...

Silver Down, Risk-off sentiment...
Wednesday, 5 November 2025 23:56 WIB

Silver traded above $47.5 per ounce on Wednesday, snapping a three-day losing streak as global risk-off sentiment spurred demand for safe-haven assets. Global equities and other risk assets fell sharp...

Silver prices fell as US-China trade tensions eased...
Tuesday, 4 November 2025 22:33 WIB

Silver fell below $48 per ounce on Tuesday, sliding for the third straight session, as investors weighed the outlook for Federal Reserve policy while assessing the impact of easing US-China trade tens...

Silver Prices Drop as US Dollar Recovers and Fed's Stance Weigh on Prices...
Tuesday, 4 November 2025 19:53 WIB

Silver (XAG/USD) weakened on Tuesday to around $47.70 per ounce, down 1.10% on the day, after attempting to extend its recent rally beyond $49.50. Selling pressure increased as the US dollar (USD) str...

LATEST NEWS
Gold Rises on US Interest Rate Cut Hopes, Government Shutdown Concerns

Gold rose on Friday (November 7) as expectations of further interest rate cuts from the Federal Reserve and lingering concerns over the US economic outlook amid the prolonged government shutdown boosted demand. Spot gold rose 0.8% to $4,010.72 an...

Oil Heads for Second Weekly Loss on Persistent Oversupply Concerns

Oil prices rose on Friday (November 7th), but remained on track for a second straight weekly loss after three days of declines on oversupply concerns and slowing US demand. Brent crude rose 60 cents, or 1%, to $63.98 per barrel at 09:04 GMT. US...

US Dollar Index (DXY) picks up on risk-aversion nearing the 100.00 level

The US Dollar trims losses on Friday with investors wary of risk following another sell-off on Wall Street, as concerns of an AI bubble remain alive. The USD Index, which measures the value of the Dollar against a basket of peers, is trading at...

POPULAR NEWS
Asian Markets Dragged Down by AI Stocks
Wednesday, 5 November 2025 07:22 WIB

Asia-Pacific markets declined on Wednesday, following a decline on Wall Street, which was driven by concerns about the valuations of artificial...

US ISM Services PMI Expected to Rise Slightly in October
Wednesday, 5 November 2025 18:51 WIB

The Institute for Supply Management (ISM) is scheduled to release its October Services Purchasing Managers' Index (PMI) on Wednesday. The report, a...

November lift ahead of tariff hearing
Tuesday, 4 November 2025 23:19 WIB

World markets kicked off November in an upbeat mood, riffing off buoyant company earnings and calmer trade relations while batting away OPEC's...

US ISM Services PMI Highest since February
Wednesday, 5 November 2025 22:12 WIB

The ISM Services PMI rose to 52.4 in October 2025 from 50 in September, beating forecasts of 50.8, pointing to the strongest expansion in the...