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Indonesia News Portal for Traders | Financial & Business Updates

28 July 2025 18:57  |

Silver Falls as US Economic Sentiment Depresses Safe-Haven Assets

Silver prices are currently declining from last week's high of $39.53. This decline reflects reduced demand for safe-haven assets amid rising risk sentiment in global markets. S&P 500 futures are showing significant gains, reflecting investor optimism about the economic outlook.

The trade deal between the United States and the European Union, which includes a 15% tariff on most EU imports into the US, has eased trade tensions and boosted investor risk appetite.

Gold prices at the time of writing were at $38,125/Toz.

- Buy if the price moves to around $38,265

- Sell if the price moves around $37,985

 

Resistance 2: $38,865

Resistance 1: $38,565

 

Support 1: $37,685

Support 2: $37,385

DISCLAIMER

Note: This article is analytical only and is not a definitive reference. Please consider fundamental and technical aspects of trading before making any investment decisions.

Source: Newsmaker.id(alg)

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