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

15 July 2025 07:46  |

Silver Explodes! This Precious Metal Beats Gold This Year

Indian investors, traditionally obsessed with hoarding gold, are increasingly turning to silver, which traded near a 14-year high on Monday, as its yield this year surpassed that of gold.

Imports meet the bulk of demand in the world's largest silver consumer, where domestic prices hit record highs as production shortages fuel investor hopes for a further rally.

Recommendation:

Buy if the price breaks above $38,567

Sell if the price breaks below $37,967

 

Resistance 2: $39,167

Resistance 1: $38,867

 

Support 1: $37,667

Support 2: $37,367

 

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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