Silver prices in global markets showed signs of recovery last\nweekend. According to Refinitiv data, spot silver (XAG\/USD) traded at\n$75.61 per troy ounce at 7:15 WIB on Monday, June 1, 2026, up 0.48% from\nFriday\u2019s trading. This positions the industrial metal to break out of\nsupport levels and test key technical resistance boundaries. This\ndynamic unfolds amid conflicting forces between global macroeconomic\npolicies and structural physical supply deficits.<\/p>\n
Market Dynamics and Macroeconomic Influences<\/p>\n
Fundamentally, silver\u2019s movement correlates closely with gold\u2019s\nconsolidation trend. US core inflation remaining at 3.8% in April has\nerased market expectations of near-term Federal Reserve rate cuts. Tight\nmonetary policy has boosted real yields, constraining gains for\nnon-yielding assets like silver. Meanwhile, an extension of the US-Iran\nceasefire has eased market panic, reducing geopolitical hedging demand.\nMarket focus now turns to US labour data due on June 6, with\nunemployment expected to hold at 4.2% and non-farm payrolls adding\n120,000-150,000 jobs. The economic indicator is expected to trigger\nsignificant volatility, influencing future central bank policy\ndirections.<\/p>\n
Structural Deficit and Industrial Sentiment<\/p>\n
Despite facing similar monetary pressures as gold, silver benefits\nfrom more aggressive industrial demand. Market institutions confirm that\n2026 will mark the sixth consecutive year of significant structural\nsupply deficits in the global silver market. This fundamental scarcity\nis driven by surging demand from the green energy transition sector,\nincluding accelerated production of photovoltaic solar panels, electric\nvehicle component manufacturing, and expansion of hardware\ninfrastructure for artificial intelligence. Chronic supply deficits have\nled Wall Street analysts to maintain a long-term silver price target of\n$81.00 this year.<\/p>\n
Technical Analysis and Critical Price Levels<\/p>\n
Technically, a close above $75.25 has provided a new directional\nperspective. Previously, silver was trapped in a descending channel\nafter rejection at resistance zones of $76.35-$77.02. However, weekend\nmovements saw silver break above the minor resistance level of $74.99.\nPrices are now testing the trendline barrier at $75.39. The 14-period\nRSI is neutral at 49-54, indicating no overbought or oversold signals\nand allowing flexibility in direction. For next week\u2019s trading strategy,\n$75.39 is a critical equilibrium level. A close above this level could\nopen opportunities for further recovery towards the major resistance at\n$76.35. Conversely, if prices stall and face rejection, silver may\nretest nearest support at $74.60 with a further downside target of\n$73.47. Investors are advised to closely monitor early-week price gap\nopenings for confirmation of the next trend direction.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/silver-poised-for-surge-investors-urged-to-stay-vigilant-1780282559", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }