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21.04.202507:26:54UTC+00Silver Rises as Weaker Dollar Spurs Safe-Haven Demand

Silver prices experienced a nearly 1% increase, reaching approximately $32.80 per ounce on Monday. This upward movement countered the losses observed in the previous trading session, driven largely by a weaker US dollar that bolstered demand for safe-haven assets. The dollar faced downward pressure due to mounting concerns over the direction of US economic policy and the independence of the Federal Reserve. Investor apprehension grew significantly following President Donald Trump's threat to dismiss Federal Reserve Chair Jerome Powell, heightening fears of political interference in monetary policy and eroding confidence in the central bank’s autonomy. In addition, amplified US-China trade tensions contributed to the cautious market sentiment, as China criticized the US for what it termed "trade bullying" and cautioned other nations against making concessions that could harm its interests. This broader climate of uncertainty strengthened the appeal of silver, often viewed as a reliable store of value in periods of geopolitical and financial turbulence.

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