Daily Gold and Silver Market Analysis- 15 August 2025

15 août 2025
OTC Market Data
High
Low
Close
Previous
Change USD
Change %
Gold
3375
3330
3335
3354
-19.00
-0.57%
Silver
38.75
37.82
38.00
38.52
-0.52
-1.35%

Today’s analysis offers a comprehensive overview of the gold and silver markets, highlighting the key fundamental and technical factors shaping current trends. Our report is designed to provide investors with the insights necessary to make informed decisions and navigate these markets with confidence.

Fundamental Analysis

Spot Gold is facing pressure near a fresh weekly low around $3,330, largely driven by renewed demand for the US Dollar. Recent inflation data from the United States has caused market volatility, especially after the surprising Producer Price Index (PPI) report. Following a relatively mild Consumer Price Index (CPI) reading for July, the PPI for the same period came in much hotter than expected, revealing an annualised inflation rate of 3.3%. The core PPI also printed at 3.7%, far exceeding June’s 2.6% and the anticipated 2.9%.

These inflationary figures have dampened expectations for an imminent interest rate cut in September. However, the possibility of a rate reduction still remains. According to the FedWatch Tool, there is a 90.4% chance of a 25 basis point rate cut in September, down slightly from the 94.3% probability before the PPI release.

Gold Technical Analysis

Looking at the daily chart for XAU/USD, gold has been trading within a narrow intraday range, just below a flat 20-period Moving Average, which is acting as dynamic resistance. The 100-period Simple Moving Average (SMA) continues to trend upwards, but with diminishing momentum. Technical indicators are currently neutral, with the Relative Strength Index (RSI) slightly declining, aligning with the overall weakness in the market.

On the 4-hour chart, the near-term outlook leans towards the downside. The XAU/USD pair is trading below both the 100 and 200-period Moving Averages, which are showing a lack of clear direction. Technical indicators remain flat but are still within negative territory, suggesting that any recent bounce is unlikely to lead to significant recovery. The Stochastic Oscillator stands at 53, while the RSI is at 48, both indicating a neutral to bearish sentiment in the short term.

Support 3
Support 2
Support 1
Current Market Price
Resistance 1
Resistance 2
Resistance 3
3274
3300
3320
3348
3372
3408
3430

Silver

Silver has pulled back after reaching a nearly two-week high on Thursday and is currently trading around $38.00. This recent movement comes as traders react to the U.S. producer prices data, which has influenced the market sentiment. The gold/silver ratio is hovering near the 88.00 level, adding some pressure on silver prices.

Should silver dip below the support zone between $37.60 and $37.30, it could be headed towards the next support level at $37.00. On the technical front, the short-term Stochastic Oscillator is at 70, and the Relative Strength Index (RSI) is at 53, both indicating a slightly neutral to bearish bias in the near term.

Support 3
Support 2
Support 1
Current Market Price
Resistance 1
Resistance 2
Resistance 3
37.00
37.30
37.60
38.00
38.45
38.75
39.00

Indicator Definitions

  • Stochastics Oscillator: A momentum indicator that compares a security’s closing price to its price range over a specific period. Readings above 80 typically indicate overbought conditions, while readings below 20 suggest oversold levels.

  • Relative Strength Index (RSI): An indicator that measures the speed and magnitude of recent price changes to assess market conditions. A value above 70 signals overbought conditions, while a reading below 30 indicates oversold territory.

Key US Economic Reports & Events
When
Actual
Expected
Previous
Core Retail Sales m/m
4:30pm
0.3%
0.5%
Retail Sales m/m
4:30pm
0.6%
0.6%
Empire State Manufacturing Index
4:30pm
-1.2
5.5
Prelim UoM Consumer Sentiment
6:00pm
61.9
61.7
Prelim UoM Inflation Expectations
6:00pm
4.5%
4.5%

Conclusion

In the dynamic and constantly changing bullion markets, staying updated with both technical and fundamental analysis is essential for making informed investment choices. Our report aims to provide a comprehensive and balanced perspective, helping investors navigate the complexities of gold and silver trading with confidence.

Disclaimer: This report is intended for informational purposes only and is based on data from reputable sources. It does not constitute investment advice. ISA BULLION makes no guarantees regarding the accuracy or completeness of the information and disclaims all liability for any losses arising from reliance on it. Users are strongly encouraged to conduct their own research and consult with qualified financial advisors before making any investment decisions. ISA BULLION, including its directors, partners, officers, employees, and agents, expressly disclaims any responsibility for direct or indirect losses or damages resulting from the use of or reliance on the information contained in this report.