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Market & Economic Intelligence Platform Insight on Macro, Commodities, Equities & Policy

2 July 2025 01:55  |

Silver Rises Slightly, Market Speculates Fed Will Cut Interest Rates

Silver prices are at $36,118 per ounce, reflecting a consolidation phase after a strong rally that took it to a record 13 years ago. Fundamentally, the weakening US Dollar and expectations of an interest rate cut by the Fed provide support for demand for safe-haven assets such as silver. In addition, strong industrial demand, especially from the renewable energy and electronics sectors, which account for more than 50% of global consumption, also support prices.

RECOMMENDATION.

- Buy if the price breaks above $36,258

- Sell if the price breaks above $35,978

 

Resistance 2: $36,858

Resistance 1: $36,558

 

Support 1: $35,678

Support 2: $35,378

Note: This article is for analytical purposes only and is not a definitive reference. Please pay attention to fundamental and technical developments in trading before making any investment decisions.

Source: Newsmaker.id

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