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Silver Rises Over 1% on Safe-Haven Demand
Thursday, 8 May 2025 11:58 WIB | MARKET ANALYSIS |PerakSILVER

Silver prices rose more than 1% on Thursday (08/05), recovering losses from the previous session as investors sought refuge in safe-haven assets amid ongoing economic and trade uncertainty.

The recovery followed the Federal Reserve's decision on Wednesday to keep interest rates steady, as expected. However, Chairman Jerome Powell was cautious, highlighting rising risks to inflation and employment, and downplaying the possibility of preemptive rate cuts to mitigate the potential economic impact of new tariffs.

Source: Newsmaker.id

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