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

Indonesia News Portal for Traders | Financial & Business Updates

9 September 2025 16:38  |

Silver Holds at Highest Level Since 2011

Silver prices held around $41.2 per ounce on Tuesday, near their highest level since 2011. This increase was supported by expectations of a Federal Reserve interest rate cut, which boosted demand for the precious metal. Investors are now awaiting the revised annual US employment data. If realized, this could signal the Fed to delay its full employment target and strengthen the case for an interest rate cut.

Market focus is also on the release of two key inflation data this week: the August Producer Price Index (PPI) on Wednesday and the Consumer Price Index (CPI) on Thursday.

Silver prices were at $41,221/oz at the time of writing.

- Buy if the price moves to $41,361

- Sell if the price moves to $41,081

 

Resistance 2: $41,686

Resistance 1: $41,511

 

Support 1: $40,931

Support 2: $40,756

 

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. (arl)

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