Silver prices fell on Thursday (03/4), The price of the white metal became vulnerable after United States (US) President Donald Trump revealed a detailed reciprocal tariff plan for his trading partners.
The "Buy the Rumor and Sell the News" indicator forced traders to trigger the sell button for Silver prices. The metal had previously performed strongly, along with Gold, from the past few months as investors became increasingly convinced that Trump's tariffs would be inflationary and weigh on economic growth globally, including in the US. Technically, the appeal of Silver prices increases if investors anticipate increasing global economic tensions.
Source: Newsmaker.id
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