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Indonesia News Portal for Traders | Financial & Business Updates

6 June 2025 01:46  |

Silver Gains Over 3%

Silver (XAG/USD) surged sharply on Thursday (05/06), gaining over 3% intraday and hitting its highest level in over a decade, as the precious metal continues to attract investor interest amid rising trade tensions and rising US Dollar outflows.

A weaker US Dollar (USD) has made Silver more attractive to buyers, while rising trade tensions, rising tariffs, and broader economic uncertainty have strengthened the metal’s appeal as a traditional safe-haven asset.

RECOMMENDATIONS

- Buy if price moves to $35,902

- Sell if price moves to $35,302

 

Resistance 2: $36,502

Resistance 1: $36,202

 

Support 1: $35,002

Support 2: $34,702

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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