Gold 
Platinum 
“Silver prices rose over the course of March. Prices touched an intraday high of $35.495 on 28 March, the highest level that prices had reached since February 2012. Prices fell dramatically post the U.S. government’s 2 April reciprocal tariff announcement. On 7 April, silver prices touched an intraday low of $27.54, the lowest level silver prices had reached since August 2024. There was a broad market sell-off following the trade tariff announcement on 2 April. A rush to cash coupled with some investors selling in fear of the consequences of tariffs on metals like silver that have industrial uses weighed heavily on silver prices. Silver also had experienced significant resistance near the $35 level, around where prices were on 2 April, with prices unable to sustain gains after crossing this level. Furthermore, silver prices are notoriously volatile, making the sharp decline less surprising.
Silver prices are expected to rise and potentially rise strongly in the coming quarters. Silver is an industrial precious metal. This industrial component of silver’s demand can at times act as a headwind to silver prices and investor perceptions about silver, especially when there are elevated concerns about an economic downturn. That said, silver investment demand coming from investors looking at the metal as a safe haven and portfolio diversifier typically ends up offsetting any headwinds from fabrication demand.”
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*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
