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

Indonesia News Portal for Traders | Financial & Business Updates

28 January 2025 17:57  |

Silver Prices Drop Due to Trump's Policy

Silver prices (XAG/USD) fell on Tuesday (1/28). The non-interest-bearing metal faces challenges with the upcoming US Federal Reserve (Fed) policy decision this week. There is widespread anticipation that the Fed will maintain its current interest rates, marking the first pause in its rate-cutting cycle.

Uncertainty surrounding US President Donald Trump's trade and immigration policies could prompt the Federal Reserve to remain cautious in cutting rates this year. Trump's policies are considered inflationary, which may cause the central bank to keep interest rates higher for a longer period, reducing the appeal of Silver.

Until this News Release Silver Price is at $ 30,161

RECOMMENDATION

- Buy if price moves to $ 30,461

- Sell if price moves to $ 29,861

 

Resistance Level 2: $ 30,761

Resistance Level 1: $ 30,461

 

Support Level 1: $ 29,861

Support Level 2: $ 29,561

Note: This article is only analysis and not a definitive reference. 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 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
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
BIAS23.com NM23 Ai