Silver’s Record Rally Halted by Tariff Policy Reversal

Silber Preis XC0009653103

A dramatic surge that propelled silver to an unprecedented peak of $93.75 per ounce came to a sudden halt on Friday, as prices experienced a sharp sell-off. The catalyst was an unexpected policy shift from Washington, where President Trump announced a temporary suspension of import duties on critical minerals, a category that includes silver. This move abruptly quelled market speculation that tariffs would further constrict an already tight physical supply.

• The silver price retreated by more than 7% from its all-time high during the session.
• The psychologically significant $90 per ounce level failed to hold as support.
• A wave of selling was triggered directly by the presidential announcement.
• Underlying Read more...