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Indonesia News Portal for Traders | Financial & Business Updates

15 September 2025 08:36  |

After a 30% Rally, Silver Weakens, Beware of a Deeper Correction!

Global silver prices corrected in today's trading (September 15th) after recording significant gains in recent weeks. This weakening was primarily driven by a strengthening US dollar, rising bond yields, and more cautious investor sentiment regarding the prospect of a Federal Reserve interest rate cut.

The US dollar index strengthened following the release of economic data showing resilient industrial activity and consumer spending. This strengthening currency makes dollar-priced silver more expensive for international buyers, thus suppressing demand. In addition, rising US government bond yields have weakened the appeal of precious metals, as investors shift to higher-yielding instruments.

The price of silver at the time of writing is $42.081/Toz.

- Buy if the price moves to $42.181

- Sell if the price moves to $41.981

 

Resistance 2: $42.341

Resistance 1: $42.211

 

Support 1: $41.871

Support 2: $41.661

 

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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