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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

24 June 2025 10:39  |

Silver Regains Strength Around $36

Silver prices rose during Asian hours on Tuesday (6/24). Silver depreciated as a ceasefire agreement between Israel and Iran reduced demand for safe havens.

On Monday, Federal Reserve (Fed) Vice Chair for Supervision Michelle Bowman could support a July interest rate cut as risks to the job market may increase.

Bowman also highlighted that inflation appears to be on a sustainable path back to 2%, and she is less concerned that tariffs will cause inflation problems.

RECOMMENDATIONS

- Buy if price breaks above $36,255

- Sell if price breaks above $35,975

 

Resistance 2: $36,855

Resistance 1: $36,555

 

Support 1: $35,675

Support 2: $35,375

Note: This article is for analytical purposes only and is 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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