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Indonesia News Portal for Traders | Financial & Business Updates

10 April 2025 10:43  |

Silver Holds Up on Increased Safe-Haven Demand

Silver (XAG/USD) prices continued to rise for the second straight day, trading near $31.10 per troy ounce during the Asian session on Thursday. The grey metal surged nearly 4% in the previous session, boosted by renewed safe-haven demand amid escalating US-China trade tensions.

As of this writing, Silver is trading at $31,054

 

RECOMMENDATION

- Buy if price moves to $30,850

- Sell if price moves to $31,100

 

Resistance Level 2: $31,334

Resistance Level 1: $31,194

 

Support Level 1: $30,914

Support Level 2: $30,774

Note:

This article is only an analysis and not a definitive reference. Please take into account fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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