
Silver / U.S. Dollar forum

Silver Retreats on Semiconductor Tensions
Silver pulled back to around $32.50 in Friday’s Asian session, giving up part of its recent gains following reports that the U.S. plans to blacklist several Chinese semiconductor firms. Given silver’s integral role in electronics and chip manufacturing, the news weighed on sentiment.
Demand for precious metals has also weakened with easing trade tensions, as the U.S. and China agreed to reduce tariffs, cutting U.S. duties from 145% to 30% and China’s from 125% to 10%. Despite this, silver found support from a weakening U.S. dollar, which followed soft economic data reinforcing expectations for Federal Reserve rate cuts. Powell, however, warned that persistent supply shocks could complicate inflation control moving forward.
Resistance begins at $32.50, with further levels at $33.80 and $34.20. Support is seen at $31.40, followed by $30.20 and $29.80.

Silver Eases Despite Weaker Dollar
Silver slipped below $31.90 on Thursday, pressured by easing safe-haven demand after the U.S. and China agreed in Switzerland to cut tariffs to 30% and 10% respectively for 90 days. While the deal briefly lifted sentiment, uncertainty looms over what comes next.
The drop in geopolitical tensions has also dampened expectations for aggressive Fed cuts. However, weak U.S. inflation data from earlier this week supported silver by softening the Dollar and improving its appeal to international buyers.
Silver faces resistance at $32.50, followed by $33.80 and $34.20. Support is found at $31.40, with lower levels at $30.20 and $29.80.

