Silver prices stabilized in early Asian trading on Friday (July 18th) as interest in safe-haven assets rebounded amid global uncertainty.
Investor interest in the precious metal strengthened after global inflation data was deemed unsatisfactory, along with renewed concerns about a trade war between the United States and its trading partners. Furthermore, consistent industrial demand—particularly from the electronics and green energy sectors—contributed to silver prices.
Despite the stability, silver price movements remain limited as the market awaits the latest US economic data and further geopolitical developments. If the dollar weakens and US macro data remains weak, silver prices could potentially break through the technical resistance level in the range of US$38.5–39.0 per ounce. Conversely, a strengthening dollar or positive data could limit upside.
Source: Newsmaker.id
Silver prices (XAG/USD) strengthened, approaching their highest level since 2011. From a macro perspective, the rise was driven by strong expectations that the Fed will cut interest rates this month a...
Oil prices rose about 1% on Monday (September 1st) as a weaker dollar and Russia-Ukraine tensions threatened supply, with Brent at $67.96 and WTI at $64.66. Despite the gains, the market remains cloud...
Brent oil prices fell slightly to around US$67.36 per barrel in trading on Monday (September 1), as pressure from surging global production offset the impact of supply disruptions caused by the Russia...
Silver prices are currently declining on Friday (August 29th), as investors show caution ahead of the release of important inflation data from the United States. Pressure on silver also comes from the...
Gold traded around $3,410 per ounce on Friday (August 29th), nearing its highest level in more than a month and eyeing a second weekly gain. Support came from a weakening US dollar and demand for safe...
Global benchmark Brent crude oil settled 1% higher on Monday, as concerns mounted that intensifying airstrikes in Russia and Ukraine could lead to supply disruptions, and as a weaker dollar lent additional support. Brent crude futures settled up...
Silver (XAG/USD) kicks off the week on a strong footing, with spot prices extending their rally for a fifth consecutive session, breaking above the $40.00 mark to hit fresh 14-year highs — levels last seen in September 2011. At the time of writing,...
European shares finished marginally higher on Monday, supported by defence stocks, while Novo Nordisk gained after data showed its weight-loss drug Wegovy delivers stronger heart-protective benefits than Eli Lilly's rival therapies. The...
European bourses opened September in positive territory, with both the STOXX 50 and STOXX 600 rising nearly 0.3% after modest gains in August....
Sepanjang pekan terakhir, pasar komoditas mencatat pergerakan yang dinamis, khususnya pada logam mulia dan minyak mentah. Harga perak bertahan...
Asia-Pacific markets traded mixed Monday as investors assess China's RatingDog manufacturing data for August. The metric - which was previously...
President Donald Trump's latest legal setback regarding tariffs is increasing uncertainty for American importers and delaying the economic benefits...