• Mon, Mar 2, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

28 August 2025 15:33  |

Silver Strengthens on Fed Rate Cut Speculation

Silver prices rose on Thursday (August 28th), amid growing speculation that the Federal Reserve will cut interest rates sooner than expected. Dovish statements by several Fed officials fueled expectations of monetary policy easing, increasing the appeal of precious metals as a hedge.

In addition, ongoing geopolitical tensions in Eastern Europe and concerns about a global economic slowdown also supported safe-haven demand. Investors also eyed the latest US economic data, which showed signs of moderating inflation, strengthening bullish sentiment on precious metals, including gold and silver.

Silver prices fell 0.66% to $38.814/oz at the time of writing.

- Buy if the price moves to $38,954

- Sell if the price moves to $38,674

 

Resistance 2: $39,394

Resistance 1: $38,094

 

Support 1: $38,534

Support 2: $38,234

DISCLAIMER

Note: This article is for analytical purposes only and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions. (alg)

Source: Newsmaker.id

Related News

MARKET ANALISYS

Gold Prices Steady Ahead of US CPI Data

Gold prices rose on Wednesday (15/1) as the US dollar and Treasury yields weakened, while market participants awaited US infl...

15 January 2025 17:15
MARKET ANALISYS

Silver Pressured as Dollar Strengthens

Silver prices on Tuesday (5/27), pressured by a stronger U.S. dollar and easing demand for safe-haven assets. The dollar rebo...

28 May 2025 01:47
MARKET ANALISYS

Silver prices fall amid positive risk sentiment

Silver prices traded with a negative bias for the third straight day, despite lacking any bearish conviction during the Asian...

30 April 2025 13:00
MARKET ANALISYS

Silver Trades Stagnant as US Dollar Rebounds

Silver (XAG/USD) prices edged lower, the white metal facing pressure as the US Dollar (USD) rallied strongly after President ...

22 January 2025 01:49
BIAS23.com NM23 Ai