• Sun, Mar 1, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--
 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

10 November 2025 16:31  |

Silver Soars to Three-Week High

Silver surged 3% to $50 per ounce on Monday, reaching its highest level since October 20, amid mounting expectations of a Federal Reserve rate cut in December following a batch of weak US economic data.

US consumer sentiment tumbled in November to its second-lowest level on record amid growing concerns over the prolonged government shutdown, the longest in US history. At the same time, the economy shed jobs in October due to losses in the government and retail sectors, while layoffs climbed to a 20-year high.

Markets are now pricing in nearly a 70% chance of a December rate cut. Meanwhile, the US Senate advanced the first stage of a bill to end the shutdown, narrowly achieving the required 60 votes. Eight Democratic senators crossed party lines to support the measure, which includes funding for the Departments of Agriculture, Veterans Affairs, Congress, and several other agencies.

Source : Tradingeconomics.com

Related News

SILVER

After Slipping, Silver Regains Light at $36

Silver (XAG/USD) prices pared intraday losses, trading around $36.10 per troy ounce during Asian hours on Tuesday (06/24). Pr...

24 June 2025 10:24
SILVER

Conflict Escalates, But Silver Weakens Why?

Silver (XAG/USD) prices moved down to around $36.20 during Asian trading hours on Monday. The recovery in the greenback weigh...

16 June 2025 11:14
SILVER

Dollar Drops to Fresh Low of Year as Tariff Saga Continues

The dollar fell for a fifth day as traders shrugged off a suspension of certain electronics tariffs and after President Donal...

14 April 2025 12:14
SILVER

Markets in an uproar! Silver Rises Sharply, Physical Stocks...

Silver prices continue to surge and are now trading near their highest level in 14 years. This increase is driven by investor...

14 July 2025 15:11
BIAS23.com NM23 Ai