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Indonesia News Portal for Traders | Financial & Business Updates

23 April 2025 00:42  |

Silver Rises as Investors Look at US, China Tariffs

Silver (XAG/USD) prices rose on Tuesday (4/22). The white metal rose as investors looked for new developments in the trade relationship between the United States (US) and China.

In the second week of this month, US President Donald Trump announced an abrupt 90-day pause in the implementation of reciprocal tariffs but still imposed huge tariffs on China in retaliation by imposing similar levies on US imports.

Until this news was released, the price of silver was at $ 32,887

RECOMMENDATION

- Buy if the price moves to $ 33,187

- Sell if the price moves to $ 32,587

 

Resistance Level 2: $ 33,787

Resistance Level 1: $ 33,487

 

Support Level 1: $ 32,287

Support Level 2: $ 31,987

Note:

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

Source: Newsmaker.id

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