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Silver Price Rebounds Above $32.20 as US-China Truce Lifts Industrial Demand

Summary by InvestingCube
Silver (XAG/USD) is clawing back losses on Friday, bouncing from the day’s low near $31.80 to trade above $32.23 in late European hours. The earlier slump in silver was short-lived. Traders initially pulled back after news broke that the US and China had agreed to slash tariffs by 115% for 90 days — a move seen as a step toward cooling long-simmering tensions. That kind of geopolitical calm often dents demand for traditional safe-havens like sil…
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InvestingCube broke the news in on Friday, May 16, 2025.
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