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

15 July 2025 18:27  |

Silver Strengthens Amid US Tariff Threats

Silver prices rose on Tuesday (July 15th), reflecting strong safe-haven demand amid rising geopolitical tensions and global economic uncertainty. This surge was also driven by high inflation expectations ahead of the release of US CPI data, as well as the US's threat of 100% secondary tariffs on Russian oil buyers, which raised market concerns. In addition to macroeconomic factors, silver also received support from solid industrial demand, particularly from the renewable energy and electric vehicle sectors.

Recommendation:

Buy if the price breaks above $38,377

Sell if the price breaks below $38,097

 

Resistance 2: $38,977

Resistance 1: $38,677

 

Support 1: $37,797

Support 2: $37,497

Note: This article is intended for analytical purposes 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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