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

Indonesia News Portal for Traders | Financial & Business Updates

2 September 2025 11:43  |

Silver Hovers at 14-Year Peak

Silver traded around $40.7 per ounce on Tuesday after gaining more than 2% in the prior session, steadying near its highest level since 2011 as traders increased bets on US Federal Reserve rate cuts.

Markets are pricing in nearly a 90% chance of a 25 basis point reduction later this month. San Francisco Fed President Mary Daly said Friday the central bank is prepared to ease policy given risks to the labor market, while suggesting tariff-driven inflation could prove temporary.

Safe-haven demand also lent support to precious metals amid concerns over Fed independence and renewed uncertainty surrounding President Donald Trump’s tariffs. On the industrial side, demand was bolstered by China’s solar boom, with solar cell exports surging over 70% in the first half of the year, led by strong shipments to India.

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