Silver remained just below $32 per ounce on Tuesday, hovering near three-month highs as safe-haven demand for precious metals surged following the latest US tariffs. US President Donald Trump signed an executive order imposing 25% tariffs on steel and aluminum imports "without exceptions or exemptions," raising concerns about inflation and a potential escalation of the global trade war. Investors were also preparing for the release of the latest US inflation figures and comments from Federal Reserve Chair Jerome Powell later this week, which could influence the outlook for US monetary policy. Additionally, silver prices have been supported by expectations of stronger industrial demand, particularly from the renewable energy sector, as well as forecasts of ongoing supply deficits.
Silver reverses the previous day's positive move, though it lacks follow-through.
The setup supports prospects for an extension of over a one-month-old uptrend.
Any meaningful slide could be seen as a buying opportunity and remain limited.(Cay) Newsmaker23

Source: Trading Ecokomi