Silver prices rose above $31 an ounce on Thursday, extending gains for a second session as commodities bounced back after Trump's reversal of his tit-for-tat tariff policy.
Trump lowered new tariffs on imports from most U.S. trading partners to 10% for 90 days to allow for trade negotiations.
However, major Chinese consumers remain subject to steep 125% tariffs amid ongoing tit-for-tat escalations between Washington and Beijing—maintaining a level of geopolitical and economic uncertainty that continues to support safe-haven demand.
Source: Newsmaker.id
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