Silver prices fell more than 1% to hit a one-week low as traders grappled with market uncertainty following US President Donald Trump's sweeping tariff measures.
Trump imposed a base tariff of 10% on all imports, with higher levies targeting major trading partners such as China (34%), the EU (20%), and Japan (24%). In addition, a 25% tariff on foreign-made cars took effect immediately. In defending the move, Trump framed the tariffs as a strategy to support domestic manufacturing and reduce the trade deficit.
Until this news was released, Silver price was at $ 31,534

Source: Newsmaker.id