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 rose on Monday (5/19) as the dollar weakened and trade concerns resurfaced, following U.S. Treasury Secretary Scott Bessent's reaffirmation of President Donald Trump's tariff threats, fueling safe haven demand. Source: Newsmaker.id
Silver is under pressure again after the White House has signaled that Washington will "conduct a series of negotiations" with Beijing to avoid "escalating trade tensions, We will conduct a series of negotiations with China to prevent further escalation.Until this News was released, the price of silver was at $ 32,271 sumber: Newsmaker.id
Gold prices rose early in the Asian session on Monday (05/19) moving in the area of $3247. Gold strengthened again after its biggest weekly decline in six months, with interest in safe haven assets driven by increasing concerns about the US economic outlook and budget deficit. Gold bullion rose as much as 1.3% to around $3,245 an ounce in early Asian trading. That happened after Moody's Ratings announced late Friday that it lowered the US government's main credit rating from Aaa to Aa1. Source: Newsmaker.id
Gold prices are moving lower and struggling to hold near the $3,200 level at the time of writing on Friday (05/16) as many questions and concerns arise in the market and among traders. First and foremost, the Ukraine-Russia talks seemed dead and buried even before Ukrainian President Volodymyr Zelenskyy shook hands with Turkish President Recep Tayyip Erdoğan on the runway in Ankara. Russian President Vladimir Putin did not attend in person and only sent a few low-level diplomats, which was seen as Russia taunting and bullying Ukraine. As of this writing, Gold prices are at $3,205Source:...
Silver eased from its recent gains seen in the previous session, settling around $32.50 during Asian trading hours on Friday (5/16). The metal came under pressure, possibly due to a Financial Times report suggesting that the Trump administration is planning to add several Chinese semiconductor companies to its export blacklist, known as the "entity list." Silver's growing association with the chipmaking industry—due to its critical role in the production of electronics and semiconductors—has heightened the market's sensitivity to the development. Source: Newsmaker.id