Silver OtwShoots $73?
Silver prices reached $72.63 per ounce on December 24, 2025, setting a new record driven by strong global demand and rising geopolitical tensions. This rise in silver prices was driven by factors such as political uncertainty, particularly related to Venezuela, and other geopolitical tensions, further strengthening its appeal as a safe-haven asset. Industrial demand for silver, particularly from the technology and renewable energy sectors, has also increased sharply, pushing prices higher.
Analysts expect this upward trend in silver prices to continue, in line with low interest rates and limited supply in key markets. Furthermore, silver remains attractive to investors due to its relatively lower price compared to gold, while also serving as a hedge against global economic uncertainty. With continued supportive conditions, silver prices are expected to maintain a positive trend in the coming years. (asd)
The price of silver at the time of this analysis was $72,150
- Buy if the price reaches $72,381
- Sell if the price reaches $72,124
Resistance 1: $72,785
Resistance 2: $72,528
Support 1: $72,014
Support 2: $71,757
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
