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 reversed an Asian session decline to the $32.00 range and climbed to the upper end of its intraday trading range in the last hour. The white metal is currently trading around the $32.35-$32.40 region, virtually unchanged throughout the day, although still well below its highest level since late October reached last Friday. Looking at the broader picture, XAG/USD – barring a couple of knee-jerk spikes – has been oscillating in a familiar range for the past two weeks or so. Against the backdrop of a strong uptrend this year, this may still be categorized as a bullish consolidation...
Gold (XAU/USD) prices strengthened by nearly 0.50% on Tuesday (2/18) in early European trading, with the precious metal trading around $2,910 at the time of writing. US yields are playing catch-up after the US Presidents Day holiday on Monday. However, Gold is favored by market players as a safe haven against tariffs and geopolitical uncertainty. Meanwhile, Philadelphia Federal Reserve Bank (Fed) President Patrick Harker advocated on Monday night for the central bank to keep interest rates unchanged. He pointed out that the latest inflation report and gauges do not capture the current...
Gold prices moved in the $2908 area on Tuesday (2/18) Gold prices are likely to rise further on structurally higher central bank demand, Goldman Sachs analyst Lina Thomas wrote in a note. The bank raised its forecast for the precious metal by end-2025 to $3,100/oz from $2,890/oz, adding that central bank demand will add 9% to prices by year-end, combined with a gradual increase in ETF holdings as the federal funds rate declines. Source: \n This email address is being protected from spambots. You need JavaScript enabled to view it.
Silver prices remain stable as Silver is widely used in industry, especially in sectors such as electronics or solar energy, as it has one of the highest electrical conductivities of all metals higher than Copper and Gold. A surge in demand could drive up prices. The economic dynamics of the US, China and India could also contribute to price changes for the US and especially China, their large industrial sectors use Silver in various processes.As of this News Release Silver price is at $32,331 Source: Newsmaker.id
Silver prices were steady above $32 an ounce on Monday (2/17). The metal was supported by a weaker dollar, driven by weak US economic data and easing concerns over a global trade war. However, silver hit a three-month high on Friday as strong industrial demand, especially from the electrification and manufacturing sectors, supported prices. Source: Newsmaker.id