Silver prices slipped to around $33.30 per ounce on Friday, paring gains from earlier in the week as signs of easing in global trade tensions lifted the dollar, pressuring greenback-denominated commodities.
The dollar strengthened as US President Donald Trump claimed that trade talks with China are ongoing, with additional signs of progress in negotiations with Japan and South Korea further boosting investor sentiment.
China is also reportedly considering waiving its 125% tariff on certain US goods, raising hopes of further de-escalation in the trade war. Moreover, Trump made a u-turn on his attacks against Federal Reserve Chair Jerome Powell this week, saying he never had any intention to replace the central bank chief. Meanwhile, Cleveland Fed President Beth Hammack said a move could come in June if supported by data.
Source: Trading Economics
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...