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 TOP NEWS

Indonesia News Portal for Traders | Financial & Business Updates

15 October 2025 21:22  |

A Record in Sight: Silver Poised to Break Through?

Silver rose above $52/oz on Wednesday, tying the previous session's record. The global supply crunch—most severe in London—triggered a short squeeze that briefly lifted lease rates above 30% on Friday, making rollovers of short positions increasingly expensive. Indian demand added pressure; some fund managers limited/suspended inflows into silver ETFs to mitigate liquidity risk.

Jerome Powell's dovish tone (weakening employment figures) strengthened bets on a US rate cut, depressing yields and boosting appetite for safe-haven metals. On the geopolitical front, tensions escalated after Donald Trump threatened a "cooking oil" embargo on Beijing—a headline risk that kept safe-haven bids alive.

As long as physical liquidity remains restrained and expectations of interest rate cuts persist, the bias for silver remains bullish, despite volatility. Watch: normalization of the London-NY spot-futures spread, updates on physical demand in India, and the Fed's next signal.

Source: Newsmaker.id

 

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