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 (XAG/USD) rose slightly on Tuesday (1/21). Although there are tariff concerns, especially after the inauguration of President Trump, it is indicated that the premium for silver futures will increase as traders prepare for potential disruptions. However, the results of the report that Trump delayed new tariffs as pressure and reduced the silver price premium, thus having a positive impact on silver. Source: Newsmaker.id
Gold prices rose early in Asia on Tuesday (1/21), following President Donald Trump's inauguration on Monday and his statement to refrain from imposing massive trade tariffs on China and other countries on his first day in office, which weakened the U.S. dollar. Fears of a full-blown trade war eased somewhat, with Trump instead ordering his administration to address unfair trade practices globally and investigate whether Beijing has complied with agreements signed during his first term. Source: Newsmaker.id
Silver prices started to move up at the beginning of the European session on Monday (20/1), this was driven by the US Dollar (USD) factor which attracted new sellers and eroded most of Friday's positive movement amid speculation that the Federal Reserve (Fed) will cut interest rates twice this year. Meanwhile, at this time investors may also refrain from using aggressive tactics and choose to wait for Trump's inauguration speech. At the time of this news release, Gold was at the level of $30,380 Source: Newsmaker.id
Gold risks appear skewed to the upside ahead of Trump's inauguration, as investors brace for policy changes that could have economic implications, said Pepperstone research strategists. Trump's executive orders are likely to dictate gold's direction in the coming weeks, he added. Gold is already up 3% YTD, above $2,700, amid political and trade uncertainty. If Trump imposes tariffs that disrupt trade flows and increase economic volatility, gold's role as a safe haven asset will be strengthened. Source: Newsmaker.id
Silver prices continued to fall below $30.30 an ounce on Monday, after posting a third straight weekly gain as lower underlying U.S. inflation strengthened expectations for further Federal Reserve interest rate cuts this year. Traders were wary of Donald Trump's inauguration as U.S. president on Monday night, which could herald an era of massive tariffs, trade wars and widespread market turmoil. Meanwhile, in the Middle East, a long-overdue ceasefire in the Gaza war came into effect as Hamas released three female hostages in exchange for 90 Palestinians held in Israeli jails. Source:...