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Amid revived trade doubts after a US Supreme Court tariff setback, silver holds early gains near $86.50

From vtmarkets.com

Silver (XAG/USD) rose 2.13% to about $86.50 in Monday’s European session, supported by uncertainty over US trade policy. This followed a US Supreme Court ruling against President Donald Trump’s tariff approach. The court said Trump overstepped his authority by using the International Emergency Economic Powers Act (IEEPA) to support tariffs. It blocked so-called reciprocal tariffs and called them “illegal”. After the ruling, the US Dollar weakened. The US Dollar Index (DXY) was down 0.35% at about 97.45, which can support dollar-priced metals. Geopolitical risk also added support as US-Iran tensions continued over ... (full story)

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  • Category: Fundamental Analysis