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Indonesia News Portal for Traders | Financial & Business Updates

5 June 2025 11:53  |

Silver Still Maintains Gains on Safe Haven Demand

Silver prices rose on support after the release of weak economic data from the United States (US), which strengthened the possibility of the Federal Reserve (Fed) cutting interest rates at least twice in 2025.

Until this news was released, Silver prices were at $ 34,453

RECOMMENDATION

- Buy if the price moves to $ 34,350

- Sell if the price moves to $ 34,500

 

Resistance 2: $ 34,733

Resistance 1: $ 34,593

 

Support 1: $ 34,313

Support 2: $ 34,173

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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