Core Viewpoint - The silver market is experiencing increased demand for safe-haven assets due to market volatility, fiscal concerns, and the expanding U.S. deficit, while the strong performance of the U.S. dollar is limiting silver's upward potential [2]. Group 1: Market Conditions - The dollar index is trading around 97.30, while spot silver opened at $36.34 per ounce and is currently around $36.40 per ounce [1]. - On July 9, the dollar index closed at 97.49, with spot silver down 0.99% to $36.38 per ounce, while other precious metals showed mixed results [1]. - The U.S. 10-year Treasury yield has decreased from over two-week highs to 4.34%, providing some support for silver prices [2]. Group 2: Investor Behavior - Investors are increasingly seeking silver as a safe-haven asset amid global economic uncertainties, including geopolitical risks and unclear trade policies [2]. - The strong dollar is reducing silver's attractiveness to overseas buyers, impacting its price potential [2]. Group 3: Technical Analysis - Technical analysts suggest that spot silver may decline to a range of $36.28 to $36.32 per ounce, having breached the critical support level of $36.36 [3].
7月10日白银早评：白银受避险买盘提振 美元压制上行空间
Jin Tou Wang·2025-07-10 03:06