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Indonesia News Portal for Traders | Financial & Business Updates

2 January 2026 10:07  |

Silver Weakens at the Start of the Year, What's Making Investors Panic?

 

Silver prices fell in trading today, January 2, 2026, after initially strengthening at the start of the year. This weakening was triggered by the strengthening US dollar and market concerns about a global economic slowdown, which temporarily dampened investor interest in industrial metals like silver.

Furthermore, demand from the technology and energy sectors was observed to be declining, adding to price pressure. Analysts say that silver now faces a major test in early 2026, and investors will be waiting for economic signals and central bank policies to determine the direction of this metal's movement. (az)

The price of silver at the time of this analysis is $71,708

- Buy if the price reaches $72,008

- Sell if the price reaches $71,408

Resistance 1: $72,608

Resistance 2: $72,308

 

Support 1: $71,108

Support 2: $70,808

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

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