Silver held steady around $32.30 an ounce on Tuesday, pausing after a four-session rally as investors digested mixed signals about U.S. trade policy and its broader economic implications. However, uncertainty remains after the U.S. Commerce Department launched a national security investigation into imports of semiconductors and pharmaceuticals. Source: Newsmaker.id
Gold prices rose, helped by demand for safe-haven assets as US President Donald Trump's tariff plans made investors wary of trade policies, while an overall weaker dollar also provided support.Meanwhile, Jim Wyckoff, a senior analyst at Kitco Metals, said, Market players are waiting for the next major fundamental development to drive the gold market.Until this news was released, the price of gold was at $ 3,328 Source: Newsmaker.id
Silver prices are fluctuating again as Geopolitical instability or fear of a severe recession can cause silver prices to rise due to its status as a safe haven asset, although to a lesser extent than gold. As a non-yielding asset, silver tends to rise with lower interest rates. Its movements also depend on the behavior of the US Dollar (USD) since the asset is priced in dollars.As of this News Release, silver prices are at $ 32,300 Source: Newsmaker