Demand for silver continues to rise sharply, driven primarily by the technology, electric vehicle, and solar power sectors—where silver is highly sought after due to its superior electrical conductivity. Meanwhile, silver supply remains limited because many mines only produce silver as a byproduct of copper, lead, or zinc—so even when prices rise, production does not immediately respond.Due to the combination of rising demand and slow supply growth, the silver market has recorded a structural deficit for several consecutive years. This provides a strong fundamental basis for the potential...
Gold prices (XAU/USD) have calmed after rallying to a record near $3,703 on Tuesday. On Wednesday evening, gold briefly fell to an intraday low of around $3,660 before stabilizing around $3,682. Profit-taking and a relatively stable US dollar held back the rally, while persistently low US Treasury yields remained a key factor.Market focus is on the Fed's decision at 18:00 GMT (01:00 WIB), with expectations for a 25-bps rate cut to 4.00% or 4.25%. The next direction will be determined by the dot plot and Jerome Powell's tone (18:30 GMT): a dovish signal could push gold back to test the area...
Silver prices have fallen again as investors take profits ahead of the Federal Reserve's policy decision. The Fed is widely expected to cut interest rates by 25 bps today.At the time of this analysis, the price of silver was at $41,734 Source: Newsmaker.id
Gold prices fell to around $3,680 per ounce on Wednesday (September 17th), likely due to profit-taking after the metal hit a new record in the previous session and tested the $3,700 level. However, the broader bullish bias remains intact as the market awaits the Federal Reserve's policy decision, with the central bank widely expected to cut interest rates by 25 bps—the first cut this year. Weaker payrolls data highlighted the weakening labor market, reinforcing expectations for multiple rate cuts, with the market now pricing in three cuts this year. The gold price at the time of writing...
Gold (XAU/USD) is currently trading around $3,697 during the European session, remaining near a record high as expectations of a dovish Fed cut weigh on the US dollar and maintain interest in safe-haven assets. Market participants tend to hold large positions ahead of the FOMC—the dot plot and Powell's tone will be key determinants of the next direction, particularly for clarity on the tapering path through the end of the year. Technically, the psychological $3,700 area is the first hurdle; a break and hold above it (intrahour/daily close) opens the way to $3,715–$3,730 and then $3,750....
Silver held steady around $42.6/oz in the European session on Tuesday (September 16th), nearing a 14-year peak ahead of the Fed's decision. The market strongly assessed US President Donald Trump's 25-bps cut for a larger cut; the Bank of China and China are likely to ease, while the Bank of Japan and Bank of England are expected to hold steady. Progress on US-China trade talks also supported sentiment.Fundamentally, the bias remains constructive: the dollar has the potential to weaken if the Fed begins to ease, while industrial demand (solar/EV/electronics) is tightening physical supply. At...