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

10 July 2025 13:58  |

Silver Strengthens as Dollar Weakens

Silver prices rose above $36.50 per ounce on Thursday (July 10), ending a three-day losing streak as a weakening US dollar and a sharp drop in Treasury yields boosted demand for the precious metal.

This movement followed the minutes of the Federal Reserve's last meeting, which showed that most policymakers were open to cutting interest rates later this year.

Recommendation:

Buy if the price breaks above $36,846

Sell if the price breaks below $36,246

 

Resistance 2: $37,446

Resistance 1: $37,146

 

Support 1: $35,946

Support 2: $35,646

 

Note: This article is intended for analysis and is not intended as a definitive reference. Always pay attention to fundamental and technical developments before making investment decisions.

 

Source: Newsmaker.id

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