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

Indonesia News Portal for Traders | Financial & Business Updates

14 January 2025 16:57  |

Silver Still Below $30 Ahead of US Inflation Data

Silver prices (XAG/USD) are trading below $30 per troy ounce on Tuesday (14/1) after falling more than 3% in the previous session, as the dollar strengthened following stronger-than-expected US employment data.

Meanwhile, investors are focusing on US inflation data this week for further insight into the direction of Fed policy. Despite the recent decline, silver has jumped almost 3% last week, marking its best weekly performance since mid-November.

In addition, silver continues to be supported by strong industrial demand, especially in energy technology and electronics, as well as ongoing supply concerns.

Silver prices at the time of this news was published were trading at $29,703/ Toz.

RECOMMENDATION:

- Buy if price moves to around $29,843

- Sell if price moves to around $29,563

Resistance Level 2: $30,123

Resistance Level 1: $29,983

 

Support Level 1: $29,423

Support Level 2: $29,283

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