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

Indonesia News Portal for Traders | Financial & Business Updates

11 August 2025 15:30  |

Silver Prices Drop Below $38

Silver prices (XAG/USD) fell below $38.00 per troy ounce in early European trading on Monday (August 11). This decline followed two consecutive days of gains, as easing geopolitical concerns reduced demand for safe-haven assets like silver.

The easing tensions came after US President Donald Trump announced he would meet with Russian President Vladimir Putin on August 15 in Alaska to discuss a potential end to the war in Ukraine. Furthermore, market participants are awaiting confirmation of whether the August 12 deadline for a tariff ceasefire between the US and China will be extended.

Despite the decline in silver prices, expectations of an interest rate cut by the Federal Reserve this year could further support the precious metal. Weak US economic data—such as rising jobless claims and a sluggish employment report—has fueled expectations of rate cuts in September and December. Statements from Fed officials have also reinforced this view. The market will now be watching the release of US consumer inflation data on Tuesday and producer price data on Thursday for guidance on the direction of future monetary policy.

Source: Newsmaker.id

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