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Indonesia News Portal for Traders | Financial & Business Updates

11 September 2025 07:29  |

Silver 41,165 in Asia, Awaiting US CPI

Prices are hovering around 41,165, supported by expectations of a Fed rate cut, which is pressuring USD/yield, a positive correlation with gold, and solid industrial demand (solar power and electronics).

Key catalysts: US CPI release tonight WIB. A lower result tends to be bullish for silver, while a higher result risks depressing prices. Also monitor Chinese data, ETF flows, and supply from major producers (Mexico/Peru) as further determinants of the 41-day moving average.

The silver price at the time of writing was $41,165/Toz.

 

- Buy if the price moves to $41,305

- Sell if the price moves to $40,865

 

Resistance 2: $41,905

Resistance 1: $41,605

 

Support 1: $40,565

Support 2: $40,265

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.

Source: Newsmaker.id

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