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...
Silver prices plunged more than 1.80% on Wednesday, which saw the grey metal hit an intraday peak of $32.48, before dipping below the $32.00 mark as risk aversion and traders booked profits amid uncertainty over US trade policyAs of this writing, Silver is at $31,775 Source: Newsmaker.id
Gold prices (XAU/USD) recovered after hitting a one-week low in the previous session. The ongoing uncertainty and fears of instability around US President Donald Trump's tariff plans provided some support to the yellow metal, a traditional safe-haven asset.As of this writing, Gold prices are at $2,919 Source: Newsmakr.id
Silver (XAG/USD) prices fell on Tuesday (25/2). The white metal weakened despite US President Donald Trump confirming that his plan to impose 25% tariffs on Canada and Mexico on March 4, which was delayed for a month, is still on track. Source: Newsmaker.id
Gold prices fell on Tuesday (25/2) as investors booked profits after hitting a record high in the previous session, with lingering concerns about a trade war and instability fueled by U.S. President Donald Trump's tariff plans still triggering inflows into safe-haven assets. Source: Newsmaker.id
Silver prices fell to $32.2 an ounce, extending their decline from a more than three-month high of $33.39 reached on Feb. 14, amid continued demand uncertainty, fueled by concerns about U.S. tariff policy Investors are also awaiting key economic data and events due later in the week. Markets are particularly focused on Friday's release of the January PCE Price Index, the Federal Reserve's preferred measure of inflation. Source: Newsmaker.id