Despite the cloud of tariff-related uncertainties and near-term market volatility, the silver market still maintains a glittering outlook. The precious metal continues to lock its sights on the $40 price point, as per the recent analysis by Ole Hansen, Saxo Bank’s Head of Commodity Strategy. Silver’s resilience in the face of global economic instability highlights its position as a reliable haven asset. This observation comes amidst an ongoing trade conflict which poses ambiguity around fiscal policy and metal tariffs, threatening to rattle global markets.nnWhile bullish on SILVER, Hansen also cautioned about potential downturn risks, brought on by policy revisions and market reactions. The forthcoming developments in the ongoing tariff tussle could significantly sway the momentum for silver prices.nnThis article was originally featured on Kitco NEWS. Read More
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