Silver prices fell slightly on Thursday (December 18th) from recent highs as many investors took profits after a sharp rally this year. The white metal had surged on strong industrial demand and sentiment toward easing interest rates, but a small correction emerged as some market participants considered silver prices too high compared to gold. This decline is not a major weakening, but rather a normal trend after a rapid rise.
Analysts say the silver market is still awaiting key economic data such as US inflation and the Federal Reserve's interest rate direction, which could influence safe-haven demand. If the data shows softening inflation, silver has the potential to strengthen again as investors seek hedge assets. Therefore, despite the current decline, the potential for a silver price recovery remains as long as industrial demand and global market sentiment are supportive. (alg)
Source: Newsmaker.id
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