• Sat, Feb 28, 2026|
  • JKT --:--
  • TKY --:--
  • HK --:--
  • NY --:--

Indonesia News Portal for Traders | Financial & Business Updates

24 April 2025 14:05  |

Silver Pulls Back After Rally on Technical Correction

Silver fell nearly 1% to around $33.3 per ounce on Thursday in a likely technical correction after surging more than 3% in the previous session to a three-week high. The white metal continued to diverge from gold, reflecting its hybrid nature as both a precious and industrial metal—making it more sensitive to shifts in macroeconomic sentiment and trade developments. Recent market moves were shaped by evolving U.S.-China trade signals. While the Trump administration is reportedly considering tariff cuts pending talks with Beijing, China has conditioned its participation on a pause in U.S. threats. Still, optimism cooled after Treasury Secretary Scott Bessent clarified that no unilateral cuts have been proposed and formal talks have not yet begun.

Source: Trading economi

Related News

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

Silver (XAG) Daily Forecast: Strong Indian Demand and Dutie...

Silver prices rise above $31.00, fueled by robust Indian festive demand and a significant reduction in import duties from 15%...

24 September 2024 16:20
SILVER

Silver Drops Near $29.60 Despite Geopolitical Tensions

Silver (XAG/USD) prices fell near $29.60 in thin trading after the Christmas and Boxing Day holidays on Friday (12/27). The w...

27 December 2024 17:37
SILVER

Silver Drops Near $31.00 Post US Data Release

Silver (XAG/USD) prices extended its decline for the second session, trading around $30.90 per troy ounce during Asian hours ...

13 December 2024 13:32
BIAS23.com NM23 Ai