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