Silver’s Historic Rally Faces a Political Test

A landmark surge in the silver market encountered significant turbulence this week, following a key policy announcement from the White House. After touching an unprecedented high of $93.90 per ounce mid-week, the metal’s price trajectory was abruptly altered.

The correction was catalyzed by U.S. President Trump’s decision on January 15th to pursue negotiations rather than impose immediate tariffs on critical minerals. This move towards diplomatic engagement alleviated immediate fears of supply disruptions, prompting a swift market reaction. Silver prices tumbled as much as 8% to $86.25 before bargain-hunting buyers stepped in, providing support. The metal currently trades near $91, stabilizing after its retreat from the record peak.

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