Friday, 10 January 2025 15:13 WIB | Market analysis
Further increases in Silver prices could indicate a growing bullish momentum. However, the alignment of Trump's policy news still shows no strong directional trend in the short-term price movement.Silver prices may face potential upside, the influence of concerns about Trump's policy changes has...
Thursday, 9 January 2025 18:18 WIB | Silver
Silver price (XAG/USD) continues its upward momentum, rising for the sixth consecutive day to trade near $30.10 per troy ounce, close to three-week highs during Thursday’s Asian session. The precious metal, often considered a safe-haven asset, gains support amid uncertainty surrounding inflation...
Thursday, 9 January 2025 07:55 WIB | Market analysis
Silver prices were steady on Wednesday, pressured slightly by a stronger dollar and rising Treasury yields. The move came as strong US economic data reduced the chances of further interest rate cuts by the Federal Reserve.
Silver, along with other safe-haven assets, also benefited from...
Wednesday, 8 January 2025 07:56 WIB | Market analysis
Silver prices rose above $30 an ounce in the mid-day U.S. session on Tuesday, hitting a near three-week high despite a stronger U.S. dollar after strong JOLTS Job Openings and ISM Services PMI data.
Looking ahead, investors are focused on key U.S. labor market data this week to assess the...
Tuesday, 7 January 2025 21:06 WIB | Silver
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...
Monday, 6 January 2025 21:18 WIB | Silver
Silver prices held steady around $29.50 an ounce on Monday as investors cautiously await key US economic data that could influence the Federal Reserve’s monetary policy outlook.
Among the upcoming reports, the market is mainly focused on the US monthly jobs report due on Friday, which could...
Monday, 6 January 2025 14:34 WIB | Market analysis
Silver prices rebounded from a near four-month low, as gold prices rose as ongoing geopolitical and economic uncertainty fueled demand for the precious metal as a safe-haven asset.US President Joe Biden was reportedly briefed on contingency plans to strike Iran’s nuclear facilities if Tehran makes...
Monday, 6 January 2025 14:19 WIB | Market analysis
Gold erased earlier gains, paring gains from this week as markets heeded hawkish expectations from the Fed. Fresh data from the ISM showed that manufacturing orders and production increased in December, potentially anticipating a recovery in the sector after a long period of underperformance. The...
Friday, 3 January 2025 04:08 WIB | Market analysis
Silver prices rose significantly on Thursday (2/1), the asset strengthened as the US bond yield rally stalled after surging more than 10% in the past four weeks. While market players are currently still looking for more clarity on the US Federal Reserve's interest rate path and President-elect...