• Mon, Mar 2, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--
 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

20 February 2025 17:30  |

Silver Continues Its Positive Trend!

Silver prices climbed toward $33 per ounce on Thursday, recovering losses from the previous session as trade and geopolitical uncertainties drove demand for safe-haven metals. Earlier this week, US President Donald Trump announced plans to impose 25% tariffs on imports of automobiles, semiconductors, and pharmaceuticals, reigniting fears of a broader global trade war.

Market anxiety also deepened following Trump’s remarks calling Ukrainian President Volodymyr Zelenskiy a dictator amid ongoing peace talks with Russia to end the war in Ukraine.

Meanwhile, US Federal Reserve officials noted in January that they would prefer to see more progress on inflation before cutting interest rates further, expressing concerns over the potential impact of Trump’s tariffs.

RECOMMENDATION

- Buy if price moves to $ 32,738

- Sell if price moves to $ 33,038

 

Resistance Level 2: $ 33,188

Resistance Level 1: $ 33,038

 

Support Level 1: $ 32,738

Support Level 2: $ 32,588

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