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Indonesia News Portal for Traders | Financial & Business Updates

29 July 2025 17:34  |

Silver Prices Rise Slightly, Investors Await Market Certainty

Silver prices are currently rising slightly, reflecting price consolidation after a significant surge last week. On Friday, silver prices surged nearly 4% to a 14-year high of $39.12, driven by global trade tensions and safe-haven demand.

However, since then, silver prices have corrected and traded lower, reflecting market uncertainty and reduced investor demand for safe-haven assets.

Silver prices at the time of writing were up 0.04% at $38.155/Toz.

- Buy if the price moves to around $38,295

- Sell if the price moves to around $38,015

 

Resistance Level 2: $38,575

Resistance Level 1: $38,435

 

Support Level 1: $37,875

Support Level 2: $37,735

DISCLAIMER

Note: This article is analytical only and is not a definitive reference. Please consider fundamental and technical aspects of trading before making any investment decisions.

Source: Newsmaker.id

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