Silver Rises on Haven Demand

2026-02-25 01:58 By Jam Kaimo Samonte 1 min. read

Silver rallied more than 3% to around $90 per ounce on Wednesday, approaching one-month highs session as tariff, geopolitical, and broader economic uncertainties boosted demand for safe-haven assets.

The US began collecting a temporary 10% global tariff on Tuesday, which the White House is reportedly seeking to raise to 15%, following the Supreme Court’s decision last week to strike down President Donald Trump’s sweeping reciprocal tariffs.

Geopolitical concerns also supported prices, with investors focused on the third round of US-Iran nuclear talks scheduled in Geneva on Thursday.

Gains in precious metals, however, may be capped amid diminishing expectations for near-term monetary easing by the Federal Reserve.

Fed official Susan Collins noted that holding interest rates steady for some time is likely appropriate, citing improving labor market conditions alongside persistent inflation risks.



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