Silver Drops as Trump Holds Off Tariffs
Silver tumbled about 5% to below $89 per ounce on Thursday, retreating sharply from all-time highs after US President Donald Trump held off on imposing new tariffs targeting imports of critical minerals. Trump said he would instead seek to negotiate agreements with foreign nations to ensure the US has sufficient critical mineral supplies and to reduce supply chain risks quickly. However, the White House kept the door open for potential import restrictions if satisfactory agreements were not reached in time. Safe-haven demand for precious metals also eased after Trump said he had been assured that executions of protesters in Iran had stopped, allaying fears of a US military action against the country. Meanwhile, the latest batch of US economic data had little impact on expectations for Federal Reserve policy, while concerns over the central bank’s independence also receded.
S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market





