On February 10, 2025, former President Donald Trump announced the imposition of tariffs on steel and aluminum imports, aiming to protect domestic industries from foreign competition. While these tariffs directly target steel and aluminum, they can have indirect effects on other markets, including silver. Industries that rely heavily on steel
Golden Waves, Silver Secrets: A Precious Metal Journey As of January 7, 2025, gold (XAU/USD) is trading around $2,645, maintaining its upward trajectory as investors flock to safe-haven assets amid rising geopolitical tensions and inflation fears. The ongoing Russia-Ukraine conflict and instability in the Middle East have intensified risk-off sentiment, pushing gold to
Silver prices paused last week’s fall, and was able to gain nearly 0.25% on Monday. The prices lost more than 4% over the past two sessions, as investors geared up for the latest US Federal Reserve policy decision this week. Silver prices also came under pressure from persistent demand concerns
Silver prices climbed nearly three percent on Monday, near to one-month highs, as investors anticipate key U.S. inflation data this week, which could solidify expectations of a Federal Reserve rate cut. Silver also rose alongside gold, buoyed by China’s central bank resuming gold purchases after a six-month hiatus. Gold prices
Silver price witnessed a smart recovery from the key level. Prices jumped over five percent from the weekly. On Friday sparked over 3% to 91209 as growing geopolitical risks spurred safe-haven demand for the precious metal. Russian President Vladimir Putin warned about a possible nuclear-capable ballistic missile strikes on Ukraine,
Silver price have paused their losing streak and rebounded by over two percent yesterday. The prices found support from two-month lows as the dollar rally stalled and investors reassessed the outlook for Federal Reserve monetary policy. The dollar faced a wave of profit-taking following its recent rally which was driven
Silver price witnessed more than four percent fall last week. Prices approached the one-month low of as markets gauged future demand amid underwhelming stimulus from China and the higher rate outlook in the US. The Chinese government announced a package of $1.4 trillion for local governments to swap off-balance sheet
Silver prices soared to $32.9 per ounce on Friday, marking their highest level in nearly 12 years, driven by safe-haven demand amid geopolitical tensions and uncertainty surrounding the upcoming U.S. presidential election. The tight race between Donald Trump and Kamala Harris has fueled market volatility, while the killing of Hamas
Silver price witnessed a drop nearly one percent on Monday as the white metal weakened due to a rise in US bond yields. The likelihood of the Federal Reserve (Fed) delivering another larger-than-usual 50 basis points (bps) interest rate cut in November has diminished, contributing to this decline. The 10-year
Silver Price climbed over one and half percent on Tuesday, recovering some of the losses from the previous session as escalating tensions in the Middle East pushed investors towards safe-haven assets. Iran’s missile strikes on Israel, in retaliation for Israel’s military actions against Hezbollah in Lebanon, have stoked fears of
