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Indonesia News Portal for Traders | Financial & Business Updates

9 May 2025 18:04  |

Silver Rises Ahead of Key US-China Trade Talks

Silver prices were steady around $32.50 an ounce on Friday (9/5), after a volatile week as investors remained cautious ahead of high-stakes US-China trade talks scheduled for later this week in Switzerland.

The upcoming talks will pit Chinese Vice Premier He Lifeng against US Treasury Secretary Scott Bessent, as both sides seek to defuse escalating tariff tensions.

RECOMMENDATIONS

- Buy if price moves to $32,809

- Sell if price moves to $32,209

 

Resistance Level 2: $33,409

Resistance Level 1: $33,109

 

Support Level 1: $31,909

Support Level 2: $31,609

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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