Tuesday, 22 July 2025
Jakarta
--:--
Tokyo
--:--
Hongkong
--:--
New York
--:--
Silver Holds Steady
Tuesday, 29 April 2025 15:37 WIB | SILVER |SILVER

Silver prices hovered around $33 per ounce on Tuesday, stabilizing after a recent pullback as investors awaited clarity on US-China trade relations and key US economic releases.

China reiterated that it is not engaged in trade talks with the US, countering claims made by President Donald Trump. Meanwhile, US Treasury Secretary Scott Bessent said several major trading partners have made "very good" tariff proposals, and a trade agreement with India could be announced soon.

Bessent also noted that China's move to exempt certain US goods from retaliatory tariffs signaled a willingness to ease tensions. Investors now look ahead to Wednesday's releases of first-quarter GDP figures and the Fed's preferred PCE inflation gauge, as well as Friday's April jobs report, for further insight into the Federal Reserve's policy outlook.

Source: Trading Economics

RELATED NEWS
Silver Climbs Higher on Weaker Dollar, Yields ...
Monday, 21 July 2025 14:05 WIB

Silver prices climbed toward $38.5 per ounce on Monday, building on recent gains as the US dollar and Treasury yields retreated amid growing expectations for a Federal Reserve rate cut. Fed Governor ...

Silver Price Forecast: XAG/USD struggles near $38.00 due to diminished odds of Fed cuts...
Friday, 18 July 2025 12:06 WIB

Silver price (XAG/USD) holds mild losses after two days of gains, trading around $38.20 per troy ounce during the Asian hours on Friday. The non-interest-bearing Silver attracts some sellers as the up...

XAG/USD drifts lower after strong US Retail Sales data...
Thursday, 17 July 2025 23:16 WIB

Silver (XAG/USD) is edging lower on Thursday, trading around $37.57 after logging a modest gain of nearly 0.56% on Wednesday. The metal remains elevated after marking a 14-year high of $39.13 earlier ...

Silver Price Forecast: XAG/USD wobbles around $38, awaits clarity on US-EU trade talks ...
Thursday, 17 July 2025 13:14 WIB

Silver price (XAG/USD) trades in a tight range around $38 during the Asian trading session on Wednesday. The white metal consolidates as investors await more cues regarding trade talks between the Uni...

Silver Price Forecast: XAG/USD appreciates toward $38.00 due to tariff uncertainty...
Wednesday, 16 July 2025 10:21 WIB

Silver price (XAG/USD) gains ground after registering losses in the previous two sessions, trading around $37.80 per troy ounce during the Asian hours on Wednesday. The safe-haven demand for Silver gr...

LATEST NEWS
Japanese Shares Rise as Ishiba Stays in Power

The Nikkei 225 rose 1% to around 40,200, while the broader Topix Index gained 0.9% to 2,860 in post-holiday trading on Tuesday, extending last week's gains as investors digested the weekend's election outcome. Although Japan's ruling coalition...

Oil Holds Loss as Trade Negotiations Intensify Before Deadline

Oil was little changed after two modest declines as talks between the US and its trading partners gain urgency ahead of next week's deadline. West Texas Intermediate traded near $67 a barrel after closing lower for two sessions, while Brent...

Gold Sparkles This Morning!

Gold prices held near a monthly high of $3,395 per ounce, supported by increased demand for safe haven assets ahead of the August 1 US tariff deadline. The White House's statement that President Trump may issue more unilateral tariffs increased...

POPULAR NEWS
Asia markets trade mixed as investors assess trade developments, await China benchmark rates
Monday, 21 July 2025 07:45 WIB

Asia-Pacific markets traded mixed Monday, as investors keep a close watch on the People's Bank of China's decision on its 1-year and 5-year loan...

European Stocks Cautious
Monday, 21 July 2025 14:47 WIB

European stocks opened the week on a cautious note, with both the STOXX 50 and STOXX 600 hovering near the flatline as investors closely monitor...

Russia Strikes Ukraine With Drones and Missiles, Killing One
Monday, 21 July 2025 09:45 WIB

Russia unleashed a renewed attack on Ukraine, targeting the country's central and western regions with drone and missiles as Kyiv's allies pledged...

U.S. plays hardball on tariffs deadline as EU battles for a deal
Monday, 21 July 2025 18:32 WIB

The U.S. has signaled it will not let up on its Aug. 1 deadline for higher tariffs on the European Union as the bloc fights to strike a deal in...