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Posted by
Two Blokes Jul 1 -
Filed in
Forex
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Silver (XAG/USD) is extending its rebound from Monday's lows at $3540 to intra-day highs at $36.50 so far, with precious metals supported by higher demand for safe havens, amid an increasingly cautious market sentiment. Trump's comments complaining about the lack of progress on the trade talks with Japan and Treasury Secretary Scott Bessent's threats to introduce tariffs on July 9 despite ongoing negotiations have revived concerns about the global trade outlook and have dampened investors' appetite for risk.
