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

Indonesia News Portal for Traders | Financial & Business Updates

9 January 2025 20:45  |

Silver Continues to Hold Its Gains

Silver (XAG/USD) prices continued their uptrend on Thursday (1/9), continuing their rally that began in early January 2025. The white metal was trading around $30.40 per troy ounce during European trading hours this evening.

While uncertainty surrounding inflation and proposed tariffs under President-elect Trump’s administration has kept market participants on edge, which has strengthened demand for silver as a safe haven asset. In addition, strong industrial demand for silver, driven by its important role in the latest energy technology and electronics.

Silver price at the time of this press release was $30.441/ Toz.

RECOMMENDATION:

- Buy if price moves to around $30,581

- Sell if price moves to around $30,201

Resistance Level 2: $30,861

Resistance Level 1: $30,721

 

Support Level 1: $30,161

Support Level 2: $30,021

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