Silver Prices Flat, Fed and US Tariffs in Focus
Silver remained steady at around $30.40 per ounce on Wednesday as traders awaited the Fed’s policy decision. The central bank is expected to keep rates unchanged despite pressure from President Trump to lower borrowing costs.
Investors also assessed potential US tariffs, with Trump planning levies on Canada and Mexico by Saturday, while tariffs on China remain under consideration. Meanwhile, overcapacity in China’s solar panel industry may dampen silver demand.
Key resistance is at 31.00, with further levels at 31.80 and 32.50. Support stands at 29.85, followed by 28.80 and 28.50.
Investors also assessed potential US tariffs, with Trump planning levies on Canada and Mexico by Saturday, while tariffs on China remain under consideration. Meanwhile, overcapacity in China’s solar panel industry may dampen silver demand.
Key resistance is at 31.00, with further levels at 31.80 and 32.50. Support stands at 29.85, followed by 28.80 and 28.50.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.