fromLondon Business News | Londonlovesbusiness.com
2 months agoSilver slides as investors lock in profits amid receding fears - London Business News | Londonlovesbusiness.com
Silver prices fell sharply on Tuesday, retreating from last week's record highs as investors took profits following a rapid rally driven by tight supply conditions and macroeconomic tailwinds. The pullback comes as broader risk appetite improved, fuelled by easing US-China trade tensions and signs of progress in resolving the US government shutdown. President Donald Trump stated he expects to reach a "fair" trade agreement with Chinese President Xi Jinping during their upcoming meeting in South Korea, helping calm markets.