Silver Price Recovers as Tariff Threats Create Market Uncertainty
Silver (XAG/USD) demonstrated resilience by recovering to nearly $30.50 during Friday’s European session. This bounce-back follows significant intraday losses as investors reacted to Donald Trump’s tariff threats against Canada and Mexico. Despite concerns about these potential tariffs, silver’s outlook remains positive, driven by its historical role as a safe-haven asset. As global markets navigate these uncertainties, many traders are assessing how silver can play a crucial role in portfolio diversification and security. The continued demand for silver amid rising geopolitical tensions suggests that this precious metal could experience steady interest from investors moving forward.
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