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Maroc Maroc - FINANCIALMIRROR.COM - A La Une - 14/Feb 17:05

Silver climbs above $33 despite Trump tariff pause

Silver surged over 2.5% to near $33.30 in Friday’s North American markets, the highest level seen in more than three months. The white metal (XAGUSD) soared even though risks of a global trade war have paused temporarily and the Federal Reserve is expected to maintain a restrictive monetary policy stance for longer. US President Donald Trump seems short of imposing reciprocal tariffs than what market participants had anticipated. Investors had expected that Trump could unveil a detailed plan of reciprocal tariffs on Thursday. The assumption was based on his tweet at his Truth Social account that, “Three great weeks, perhaps

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