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Indonesia News Portal for Traders | Financial & Business Updates

19 September 2025 15:48  |

Silver Rally Continues, Driven by Industrial Demand

Silver prices continued their rally in the European session on Friday, rising above $42 per troy ounce. The white metal strengthened as the Federal Reserve (Fed) began easing monetary policy amid growing concerns about the US labor market.

On the industrial front, strong demand from the solar power, electric vehicle, and electronics sectors, combined with limited supply, continues to support silver.

The price of silver at the time of writing was $42,183

 

- Buy if the price moves within $42,348

- Sell if the price moves within $42,018

 

Resistance 2: $42,723

Resistance 1: $42,528

 

Support 1: $41,838

Support 2: $41,643

 

Disclaimer:

This article is analytical in nature 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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