Silver Price OutlookSilver prices declined in late April, held down by weaker safe-haven demand, before rebounding slightly on concerns over an increase in U.S. tariffs on Chinese imports. Silver traded at USD 14.8 per troy ounce on 11 May, which was 2.9% lower than on the same day last month. Moreover, the price was down 4.5% on a year-to-date basis and was 11.5% lower than on the same day a year prior. Prices have fallen marginally over the last month, after the release of a strong U.S. GDP print and stimulus policies in China which fed through to a strong Q1 result, both of which weakened safe-haven demand. Moreover, speculation that trade talks were progressing well weighed on investors’ appetite for the metal. However, prices received some support after Donald Trump threatened to hike U.S. tariffs on Chinese goods in early May, escalating trade tensions between the world’s two largest economies.
Silver Price History Data (USD per troy ounce, aop)
Price forecasts and historical data for Energy, Metals and Agricultural Commodities.
Silver Historical Price Chart
Price forecasts and historical data for Energy, Metals and Agricultural Commodities
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