Trump’s Tariffs and Their Impact on Silver Prices
Silver markets are on edge as traders assess the fallout from President Donald Trump’s announcement of 25% tariffs on steel and aluminum imports. The move has already rattled global markets, sending stock futures lower and causing shifts in currency valuations. With inflation concerns rising and the Federal Reserve’s policy outlook in focus, silver prices could see heightened volatility in the days ahead.
At 12:28 GMT, XAG/USD is trading $32.24, up $0.44 or +1.37%.
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