Silver traded at $53,806/oz in Asia, remaining near its latest record. Safe-haven flows remained strong due to US-China tensions and macroeconomic uncertainty, while bets on a Fed rate cut held down yields and the US dollar—a combination that typically supports precious metals. On the physical side, seasonal Asian demand helped keep bids in check, keeping gains sticky despite volatility.
The silver price at the time of this analysis was released was $52,806.
Disclaimer:
This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id
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