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 fell on Thursday during the European session (July 17). What's the cause? Market participants are weighing the possibility of a leadership change at the US central bank, following rumors that President Donald Trump might fire Jerome Powell from his position as Fed Chair. This issue has sparked renewed uncertainty in financial markets. Meanwhile, concerns about political interference remain. If Powell is indeed dismissed before his term ends in 2026, this could raise doubts about the Fed's independence.Source: Newsmaker.id
Silver prices fell slightly from their highs due to a strengthening dollar. Silver declined after previously touching a 14-year high. Global investors began profit-taking, selling their silver holdings to secure profits after a significant price surge throughout the year. Source: Newsmaker.id
Gold prices strengthened on Wednesday (July 16th), driven by a weakening US dollar and increased demand for safe-haven assets amid global geopolitical concerns. The market is closely monitoring investors' response to President Trump's 50-day ultimatum to Russia and continued tariff tensions with major trading partners. In addition, speculation that the Fed will delay interest rate cuts due to persistently high goods inflation also supported gold prices. The focus now turns to the release of US PPI data and the outcome of further international trade negotiations. Source: Newsmaker.id
Silver posted another positive rally on Wednesday, July 16, 2025, with spot prices rising slightly by 0.3% as the dollar weakened and global demand strengthened. This surge follows a year-long upward trend, with silver prices rising more than 30% since the beginning of the year—supported by rising industrial use in the solar energy and electronics sectors, as well as growing investor interest as a safe-haven asset. Source: Newsmaker.id
Gold prices rebounded after investors digested conflicting signals from the United States regarding the direction of its trade policy. President Donald Trump's statement that threatened tariffs were part of a negotiating strategy fueled renewed uncertainty in global markets. This has made gold, a safe-haven asset, popular again, despite a slight correction the previous day. Currently, gold is trading near $3,364 per ounce, reflecting market sentiment that remains cautious about US policy volatility. Technically, gold's medium-term trend remains bullish, supported by a decline in the dollar...