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Indonesia News Portal for Traders | Financial & Business Updates

11 April 2025 01:13  |

Silver Down After Second Session Of Gains

Silver prices fell below $31 an ounce on Thursday (4/10), after extending gains for a second session as commodities bounced back after Trump’s reversal of his tit-for-tat tariff policies.

Meanwhile, minutes from the latest FOMC meeting revealed that most officials expressed concerns about the risk of stagflation. They also flagged the potential consequences of Trump’s trade policies on the Fed’s dual mandate of price stability and maximum employment.

RECOMMENDATIONS

- Buy if price moves to $31,197

- Sell if price moves to $30,597

 

Resistance Level 2: $31,797

Resistance Level 1: $31,497

 

Support Level 1: $30,297

Support Level 2: $29,997

Note:

This article is only an analysis and not a definitive reference. Please pay attention to fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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