Silver prices are stable around $52 per ounce. Buying interest has resurfaced after a correction, supported by expectations of interest rate cuts and lower yields. A subdued dollar is supporting sentiment, while silver's dual role as a safe haven and industrial raw material remains attractive.
Next, the market awaits the release of US inflation figures, central bank signals, and news on US-China trade negotiations. As long as the policy easing narrative persists and industrial demand is solid, risks arise if the dollar strengthens again or physical supply loosens. (asd)
The price of silver at the time of this analysis was $52,487.
Disclaimer:
This article is analytical in nature and not a definitive reference. Please consider the influence of fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id
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