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Silver soars to a new record high

Technical Analysis
By Ahmed Ashraf
Silver soars to a new record high
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SILVER

الفضه 17-12-2025

Silver is trading in an upward trend over the medium term, which opens the door for further price gains and the formation of new highs. However, if the support zone at $64.10 is broken to the downside, prices may retest the $60.50 area during today’s trading.

Support

 64.10 60.50
Resistance 67

68

Silver posted a strong performance during today’s trading session, extending its upward momentum to fresh record highs, supported by rising global economic uncertainty and increased demand for safe haven assets. Gains were driven by a combination of robust investment demand and expectations of a potential supply deficit in the coming periods, while silver continued to outperform gold in terms of price momentum due to its lower entry cost compared to the yellow metal.

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Ahmed Ashraf

Technical Analyst & Economic Researcher at LDN Global Markets

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