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Silver prices rise amid a weaker dollar

Technical Analysis

By Mostafa Mahmoud On Nov 11, 2025

Silver

Silver is trading above the support level of $49.80, and prices are likely to retest the resistance level of $52.45. This scenario would be invalidated if the mentioned support level is broken.

Support	49.80	47.50
Resistance	52.45	54.40

Silver posted a new rise in the financial markets after climbing to levels near 50.9 dollars per ounce, supported by a weaker dollar and increased demand for precious metals as a safe haven. The improvement in industrial demand, especially from the electronics and solar energy sectors, strengthened the upward momentum and encouraged investors to return to silver after a period of volatility. The market experienced clear optimism as global sentiment improved, pushing silver steadily toward higher levels during today’s session.

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Mostafa Mahmoud

Mostafa Mahmoud Technical Analyst at LDN Mostafa has half a decade of experience in the field of financial markets between technical analysis and financial portfolio management, which extends to more than one financial market between stocks, commodities, currencies and the debt markets.

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