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

Indonesia News Portal for Traders | Financial & Business Updates

21 July 2025 17:44  |

Silver Climbs Higher on Weaker Dollar, Yields

Silver prices climbed toward $38.5 per ounce on Monday, building on recent gains as the US dollar and Treasury yields retreated amid growing expectations for a Federal Reserve rate cut.

Fed Governor Christopher Waller reiterated his support for easing in July, pointing to a weakening labor market and declining inflation risks. He also downplayed the inflationary impact of tariffs, calling it temporary, and said there are no signs of rising inflation expectations, giving the Fed room to act.

Additional support for silver came from China, where the industry ministry pledged to stabilize growth in key sectors such as machinery, autos, and electrical equipment. The initiative aims to modernize production and is expected to boost demand for metals. The action plan also covers 10 major industries, including steel, nonferrous metals, petrochemicals, and construction materials.

Source : Trading Economics

 

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