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XAG/USD surges above $90 as tariff fears temper and supply deficit fuels rally
XAG/USD surged about 4% on Tuesday, rallying sharply to close near $91 in a session driven by renewed safe-haven demand. The pair has been recovering from its late-January crash, when price collapsed from all-time highs above $121 to a low around $64 in early February, a drop of roughly 47%. Since bottoming, silver has built a basing pattern with a series of higher lows between about $76 and $90 over the past three weeks, and Tuesday's strong bullish candle pushed price back above the $90 round number for the first time since the sell-off. President Trump's 15% global tariff announcement following the Supreme Court ... (full story)