Silver (XAG/USD) extends gains for the second consecutive day on Friday, supported by a mild risk-averse sentiment, after Trump announced a new batch of levies and hiked baseline tariffs to all other countries to 15% or 20% from the initial 10%.
Silver (XAG/USD) is holding firm on Thursday after a strong start to the day, recovering from a three-day losing streak as market sentiment turns cautious once again.
The price of Gold slumped in the wake of stronger-than-expected US employment growth in June, but the losses were limited, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.