• Sun, Mar 1, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--
 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

31 December 2024 14:11  |

Silver Prices Down Slightly

Silver fell below $29 an ounce, its lowest level since September, amid an aggressive Fed outlook and uncertain demand for industrial silver.

Inflation concerns prompted the FOMC to project fewer interest rate cuts in 2025, prompting the market to trim its exposure to non-yielding bullion.

Meanwhile, previous rate cuts by the Fed supported bullion enough to boost silver prices by 23% this year.

RECOMMENDATIONS

- Buy if price moves to around $29,002

- Sell if price moves to around $28,742

Resistance Level 2: $29,382

Resistance Level 1: $29,192

 

Support Level 1: $28,552

Support Level 2: $28,362

DISCLAIMER

Note: This article is only an analysis and not a definitive reference. Pay attention to the development of fundamental and technical aspects in the transaction before making an investment decision.

Source: Newsmaker

Related News

MARKET ANALISYS

Akankah Perak Membuat ATH Terbarunya?

Saat berita ini rilis, perak berada di Area $33.842. Perak cenderung naik pada siang ini, hal ini didukung oleh ketidakpast...

29 October 2024 10:46
MARKET ANALISYS

Akankah Silver Kembali ke Level $34?

Perak kembali ke level $33 setelah kemarin sempat menyentuh area $34. Hal ini terjadi masih didukung oleh ketidakpastian se...

31 October 2024 07:39
MARKET ANALISYS

Analisis Perak Menjelang Ketidakpastian Pemilu

Pemilu AS dijadwalkan pada tanggal 5 November, yang menimbulkan ketidakpastian pasar yang signifikan. Ketidakpastian ini mend...

25 October 2024 09:37
MARKET ANALISYS

Apakah Pemilu AS Akan Mengguncang Harga Gold?

Emas mengalami kesulitan naik ke rekor tertingginya. Sore ini telah bangkit kembali untuk bergerak di area $2.740. Dolar AS (...

5 November 2024 19:19
BIAS23.com NM23 Ai