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Indonesia News Portal for Traders | Financial & Business Updates

18 August 2025 11:25  |

Silver Moves Higher, Focus on Trump-Zelenskiy

Silver prices rose above $38 an ounce on Monday (August 18), recovering some of last week's losses, as investors turned their attention to a crucial meeting in Washington between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy in an effort to reach a peace deal with Russia.

Trump said he would press Zelenskiy to reach a settlement soon after his talks with Russian President Vladimir Putin on Friday. While there was no breakthrough on a ceasefire, Putin agreed that the U.S. and Europe should provide strong security guarantees to Ukraine as part of a potential deal to end the war.

Silver prices were at $38.114/oz at the time of writing.

- Buy if the price moves to around $38,414

- Sell if the price moves around $37,814

 

Resistance 2: $39,014

Resistance 1: $38,714

 

Support 1: $37,514

Support 2: $37,214

DISCLAIMER

Note: This article is for analysis only and is not a definitive reference. Consider fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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