Thursday, 11 September 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Silver Price Forecast: XAG/USD Maintains Above $33.50 On Safe-Haven Demand
Thursday, 27 March 2025 10:34 WIB | SILVER |PerakSILVER

Silver (XAG/USD) recovered recent losses from the previous session, trading around $33.70 per troy ounce during Asian hours on Thursday (3/27). The metal gained traction as investors sought safe-haven assets following the announcement of US auto tariffs, which have raised concerns over potential retaliatory measures next week.

The risk-off sentiment increased after US President Donald Trump signed an order late Wednesday imposing a 25% tariff on auto imports, effective April 2, with billing starting the following day. However, imports of auto parts will receive a one-month reprieve.

In addition, Silver, a non-yielding asset, could attract buyers as US Treasury yields decline, with the 2-year and 10-year yields hovering at 4.0% and 4.34%, respectively. Moreover, a weaker US Dollar (USD) also makes Silver more affordable for foreign buyers, further supporting demand for the grey metal.

Meanwhile, the Federal Reserve (Fed) reiterated its December projection for two interest rate cuts this year but took a cautious stance. Minneapolis Fed President Neel Kashkari emphasized the ongoing inflation battle, stating, "The job market remains strong, but the biggest challenge is getting the job done," echoing Chairman Powell's view that a rate cut is not imminent. Kashkari also highlighted policy uncertainty as a factor complicating the Fed's case.

Traders are closely watching upcoming US economic data, including the weekly Initial Jobless Claims and the final Q4 Annual Gross Domestic Product (GDP) report due on Thursday. Additionally, Friday's release of the Personal Consumption Expenditures (PCE) report—the Fed's preferred inflation gauge—will provide further policy insights. (Newsmaker23)

Source: FXstreet

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
The Shadow of Oversupply Still Haunts the Global Oil Market

World oil prices recorded a slight decline in trading on Wednesday (September 10th) despite escalating geopolitical tensions in the Middle East. Prices briefly surged nearly 2% following Israel's attack on Qatar, but the gains were...

Dollar Sideways, CPI Risks Ahead

The US dollar held steady early in the Asian session after the PPI data fell 0.1% in August, reinforcing expectations that the Fed would cut interest rates next week. The Dollar Index edged up to 97.822, marking a third consecutive day of gains....

Gold Steady at $3,645; Fed Rate Cut Speculation Strengthens

Gold held steady just below its record, around $3,645/oz, after an unexpected decline in US producer prices (PPI) fueled hopes of Fed policy easing. The market now awaits the release of US CPI data Thursday evening (WIB) for confirmation of the...

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,...

US Nonfarm Payrolls benchmark revision points to 911,000 decrease in March 2025 level of employment
Tuesday, 9 September 2025 21:13 WIB

The US Bureau of Labor Statistics reported on Tuesday that the preliminary estimate of the Current Employment Statistics (CES) national benchmark...

Breaking News: US Annual PPI Inflation Falls to 2.6% in August, Compared to an Expected 3.3%
Wednesday, 10 September 2025 19:39 WIB

Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), fell to 2.6% annually in August from 3.3% in...