Silver prices have strengthened again following growing confidence that the US Federal Reserve will cut interest rates. When interest rates fall, precious metals like silver become more attractive because their value tends to stabilize amid economic uncertainty. Furthermore, many investors are starting to view silver as a hedge against inflation and a weakening US dollar. This increase is also driven by increasing demand from the technology and green energy industries. Silver is widely used in solar panels and electric vehicles, thus strengthening its prospects for a clean energy...
Silver prices fell on Tuesday (6/17)As an industrial metal, silver is highly dependent on sectors such as electronics, automotive, and renewable energy. Fears of a recession, rising tariffs, and declining manufacturing activity from China et al. have suppressed demand, so that silver prices are more affected than gold. After the early 2025 rally, many traders are locking in profits (profit-taking). This price correction is also driven by technical conditions: resistance at the US$36-37 level and support around US$33-34 Source: Newsmaker.id
Gold rose in early Asian trade on Tuesday (06/17) after U.S. President Donald Trump called for the immediate evacuation of Tehran, boosting demand for the precious metal as investors monitor hostilities between Israel and Iran. Trump issued the call to evacuate the Iranian capital in a social media post hours after he urged Iranian leaders to sign a deal to curb its nuclear program. Source: Newsmaker.id
Gold (XAU/USD) prices extended its steady intraday decline from near two-month tops and eased to the $3,400 range during the early European session on Monday. A generally positive sentiment around equity markets was seen as a key factor undermining the safe-haven bullion, which now seems to have snapped three consecutive days of winning streak. Source: Newsmaker.id
Silver prices fell on Monday (6/16) as investors locked in profits following a sharp rally that pushed the metal to a 13-year high. Despite the decline, silver remains supported by resilient industrial demand. Persistent supply shortages, and its appeal as a safe haven amid ongoing economic uncertainty. Fundamentally, the metal's critical role in solar energy, electronics, and broader electrification efforts accounts for more than half of global demand. Source: Newsmaker.id
Gold prices rose near their highest levels on Monday during the Asian session (6/16), driven by safe haven demand as geopolitical tensions escalate in the Middle East following Israel's massive attack on Iran. On Sunday night, Iran and Israel launched about 100 drones into Israeli territory in retaliation. The escalating tensions add another layer of market uncertainty, following US President Donald Trump's trade policies. Source: Newsmaker.id