Silver Remains Strong Awaiting Interest Rates
Silver prices remained at $58 in trading this morning, Tuesday (December 9, 2025), driven by a weakening US dollar and growing expectations of a global interest rate cut in early 2026. The weakening dollar makes precious metals cheaper for international buyers, while expectations of monetary policy easing boost interest in safe-haven assets like silver. At the same time, market concerns about geopolitical uncertainty and an economic slowdown are adding to the demand for precious metals, which are considered a hedge.
From an industrial perspective, the demand outlook for silver remains solid, as this metal plays a key role in the electronics, automotive, medical, and especially renewable energy technologies such as solar panels. Early global manufacturing data shows signs of stabilization, particularly from Asia, which raises hopes for increased production activity by the end of the year.
The price of silver at the time of this analysis was released was at $58,052
- Buy if the price is at $58,152
- Sell if the price is at $57,952
Resistance 2: $58,315
Resistance 1: $58,168
Support 1: $57,874
Support 2: $57,727
Disclaimer
This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id