Silver held steady to post its fifth straight weekly gain. The precious metal was supported by a weaker dollar, as concerns over escalating global trade tensions eased.
Both the US and China have taken a more cautious stance on tariffs, with US President Donald Trump and Chinese President Xi Jinping set to discuss trade developments, potentially reversing some of the existing restrictions. Silver is also benefiting from expectations that the US Federal Reserve will continue to cut interest rates this year, with markets pricing in two quarter-point cuts.
As of this writing, silver is at $31,867
Source: Newsmaker.id
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