Silver Snagged on Correction
Silver fell on Friday, October 24, 2025. Spot prices moved in the range of $48-49 per troy ounce, slightly weakening from the previous day after significant volatility earlier this week—even falling sharply after hitting a new record above $54.
The pressure came from profit-taking and caution ahead of tonight's US inflation release, prompting buyers to wait. Several media outlets also noted that silver prices rebounded, but volatility remained high after the sharp mid-week correction.
The price of silver at the time of this analysis was released was $48,561.
- Buy if the price moves within $48,861.
- Sell if the price moves within $48,261.
Resistance 2: $49,461.
Resistance 1: $49,161.
Support 1: $47,961.
Support 2: $47,661.
Disclaimer:
This article is analytical in nature and is not a definitive reference. Please consider fundamental and technical developments in trading before making any investment decisions.
Source: Newsmaker.id