• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

9 January 2026 15:53  |

Where's Silver Heading in the European Session?

Silver is currently hovering around $77,430, its movement likely awaiting triggers from the US dollar and yields. If the dollar strengthens, silver is usually resilient; if the dollar weakens, silver rises more easily.

The fundamentals are still supported by safe havens (global uncertainty) plus industrial demand (electronics/solar). However, it remains sensitive to US economic data: if the data is strong, the dollar rises, silver is vulnerable to corrections; if the data weakens, silver is more supportive.

The silver price at the time of this analysis is $77,473

- Buy if the price reaches $77,218

- Sell if the price reaches $76,872

Resistance 1: $77,760

Resistance 2: $77,414

Support 1: $76,722

Support 2: $76,376

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

Related News

MARKET ANALISYS

Gold Prices Steady Ahead of US CPI Data

Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US infl...

15 January 2025 17:15
MARKET ANALISYS

Silver Pressured as Dollar Strengthens

Silver prices on Tuesday (5/27), pressured by a stronger U.S. dollar and easing demand for safe-haven assets. The dollar rebo...

28 May 2025 01:47
MARKET ANALISYS

Silver prices fall amid positive risk sentiment

Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian...

30 April 2025 13:00
MARKET ANALISYS

Silver Trades Stagnant as US Dollar Rebounds

Silver (XAG/USD) prices edged lower, the white metal facing pressure as the US Dollar (USD) rallied strongly after President ...

22 January 2025 01:49
BIAS23.com NM23 Ai