Silver price still eying $40 despite near-term volatility as tariff uncertainty lingers - Saxo Bank’s Ole Hansen

From kitco.com

Silver continues to see firm resistance at $34 an ounce; however, one analyst said that the precious metal’s time will come, and it could be later this year. After hitting another brick wall last week, the silver price remains on the back foot, with prices now testing support at $33 an ounce. The precious metal is struggling as President Donald Trump continues to add to the uncertainty surrounding his proposed global tariffs. According to some reports, Trump is expected to issue more targeted and less sweeping tariffs, which would mitigate the threat of an all-out global trade war. In an interview with Kitco News, ... (full story)