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...
As widely expected, the Fed kept the federal funds rate at 4.25%–4.5% during its March meeting but reiterated its outlook for two rate cuts later this year. Silver, a non-yielding asset, may have found support as U.S. Treasury yields declined, with the 2-year yield at 3.97% and the 10-year yield at 4.24%. Silver prices are trading in the $33 area heading into the European session on Thursday (3/20). Source: Newsmaker.id
Silver (XAG/USD) prices fell after hitting a five-month high of $34.23 on Tuesday (3/19), trading around $33.70 per troy ounce during European trading hours on Wednesday. The decline came as silver investors took a breather ahead of the Federal Reserve's (Fed) interest rate decision later in the day. Traders will likely be watching the Fed's latest economic projections for insight into the future trajectory of US interest rates. Higher interest rates tend to weigh on demand for non-yielding assets such as Silver, limiting its upside potential. Source: Newsmaker.id
Gold fell slightly in early European trading on Wednesday (03/19), correcting slightly lower to near $3,030 at the time of writing. After climbing higher and hitting a new all-time high of $3,045 earlier in the day. The positive move came after headlines emerged that authorities had detained Istanbul Mayor Ekrem Imamoglu, a major political rival of President Tayyip Erdogan, on charges including corruption and aiding a terrorist group. Source: Newsmaker.id
Silver prices rose to $34 on Tuesday in European trading.Continuing its upward momentum for the fourth straight day. This is supported by increasing concerns over the impact of further tariffs from US President Donald Trump. This has triggered efforts to send silver to the US in an attempt to get a premium price in New York, which may cause pressure in London. Source: Newsmaker.id
Gold rose above the $3,000 level on Tuesday (03/18), hitting a new record high as demand for safe-haven assets strengthened ahead of the US Federal Reserve's interest rate decision. With the Fed expected to leave interest rates unchanged, investors will focus on the central bank's latest economic projections and Chairman Jerome Powell's press conference for signals on future policy direction, especially amid trade and tariff concerns. Geopolitical tensions are also contributing to market uncertainty. Source: Newsmaker.id