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Indonesia News Portal for Traders | Financial & Business Updates

19 May 2025 17:05  |

Silver Prices Strengthen in European Session

Silver prices rose on Monday (5/19) in early European trading. Silver was marketed at $32.53 per troy ounce, up 0.75% from $32.29 on Friday.

Meanwhile, the dollar weakened and a credit rating agency Moody's has lowered the US credit rating one notch - from Aaa to Aa1 - citing rising debt levels and a growing burden of interest payments.

The price of silver when this news was released was at $32,526/Toz.

RECOMMENDATION

- Buy if price moves to $32,666

- Sell if price moves to $32,386

 

Resistance Level 2: $33,106

Resistance Level 1: $32,806

 

Support Level 1: $32,246

Support Level 2: $31,946

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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