Silver remained just below $32 per ounce on Tuesday, hovering near three-month highs as safe-haven demand for precious metals surged following the latest US tariffs. US President Donald Trump signed an executive order imposing 25% tariffs on steel and aluminum imports "without exceptions or exemptions," raising concerns about inflation and a potential escalation of the global trade war. Investors were also preparing for the release of the latest US inflation figures and comments from Federal Reserve Chair Jerome Powell later this week, which could influence the outlook for US monetary policy. Additionally, silver prices have been supported by expectations of stronger industrial demand, particularly from the renewable energy sector, as well as forecasts of ongoing supply deficits.
Silver reverses the previous day's positive move, though it lacks follow-through.
The setup supports prospects for an extension of over a one-month-old uptrend.
Any meaningful slide could be seen as a buying opportunity and remain limited.(Cay) Newsmaker23
Source: Trading Ecokomi
Silver prices (XAG/USD) reversed their decline on Wednesday (January 7th) after three sessions of surges. Silver fell around 2.5% to around US$79.27 per troy ounce in the latest trading session, marki...
The silver market remains firmly focused on the fundamentals that support today's high prices. Despite some corrections in recent days, the underlying structure of the silver market remains tight due ...
Silver rose to around $79 per ounce on Tuesday, marking a third consecutive session of gains and moving toward record levels. The US attack on Venezuela and the capture of President Nicolas Maduro add...
Silver prices strengthened today, January 2, 2026, as investor interest increased at the start of the year. Market sentiment was driven by persistently high global uncertainty, leading silver to regai...
Silver prices traded steadily on Wednesday, December 31, 2025, as the year draws to a close. Price movements tended to be limited as many investors opted to hold off amid low liquidity and a relativel...
Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more...
Gold prices weakened slightly on Thursday (February 12th), as more solid US employment data reduced market confidence in an imminent Federal Reserve interest rate cut. The strong employment data prompted market participants to shift expectations of...
The Hang Seng Index reversed its downward trend in Hong Kong on Thursday (February 12th), weakening by around 0.9% to around 27,000 after a strong session earlier. This decline halted the momentum of the short term rally, as investors began to...