2025.08.2102:48:13UTC+00Silver Holds Steady Ahead of Jackson Hole

Silver hovered around $37.8 per ounce on Thursday, stabilizing after experiencing over a 1% increase in the previous session. Investors now turn their attention to the Federal Reserve's annual Jackson Hole symposium, seeking insights on potential policy shifts. Key focus will be on Fed Chair Jerome Powell’s remarks, particularly any signs of the central bank's stance on anticipated near-term monetary easing. The minutes from the July Fed meeting revealed that most policymakers are more concerned about ongoing inflation pressures than labor market risks. Additionally, issues related to tariffs and trade policy have intensified disagreements within the committee. Politically, President Donald Trump has demanded the resignation of Fed Governor Lisa Cook over alleged mortgage fraud and has consistently advocated for lower interest rates. With Powell’s term set to conclude in May, ongoing discussions about Fed leadership and future policy add a further layer of uncertainty to the financial markets.