Silver prices remain in a very high range after hitting a new record high of around USD 58/oz and have risen more than 100% throughout 2025. This sharp rise is supported by three main factors: expectations that the Fed will cut interest rates this month, a weakening US dollar, and market concerns about supply. Many market participants view precious metals, including silver, as a safe haven when interest rates are expected to fall and economic uncertainty is increasing.

At the same time, fundamental supply factors are also driving prices. Silver inventories in major global warehouses, including China, have fallen to record lows, while demand from industries such as solar panels and electronics remains strong. After a strong rally in recent days, profit-taking has begun to occur in the market today, causing prices to slightly correct to the USD 56–57/oz range. However, the underlying sentiment remains bullish as long as the market remains confident that a Fed rate cut will occur and the issue of supply constraints remains unabated. (az)

The price of silver at the time of this analysis was $57,022.

Disclaimer:
This article is analytical in nature and does not constitute definitive information. Please consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id