Market Turbulence Fuels Silver's Surge

In a dramatic turn of events, silver prices leaped by as much as 3% this Friday, reaching their highest point since the end of October. This surge comes amidst a backdrop of heightened market volatility, spurred by growing concerns over the latest tariffs imposed by the United States.

Global Economic Stability at Risk

US President Donald Trump has indicated that additional measures are on the horizon, intensifying fears of global economic instability and potential inflation hikes. This announcement has sent ripples through the market, affecting precious metals and investors worldwide.

Precious Metals Market Reacts

At 5:44 am ET, silver was trading at $33.27 per ounce, marking a 2.80% increase. Not far behind, gold experienced a 0.30% rise, selling for $2,937.27 per ounce. Platinum and palladium also saw gains, with platinum adding 0.20% to sell at $996.76 per ounce and palladium improving by 1.30%, reaching $988.63 per ounce.