Silver prices rally to multi-week highs as industrial demand and geopolitical tensions surrounding US-China trade negotiations bolster the precious metal's near-term outlook.
Silver futures opened higher and hit a multi-week high ahead of US-China talks, with strong expert forecasts and safe-haven demand supporting bullish sentiment.
Silver futures opened at $66.51 on Tuesday, marking a 0.2% gain as the metal reached its highest level since September 9. Investors are closely monitoring upcoming talks between President Trump and Xi Jinping, as potential shifts in trade policy and industrial controls for AI hardware and solar components drive market volatility.
The meeting is critical because it will address tariffs, artificial intelligence controls, and Chinese export curbs on critical minerals, all of which directly impact the industrial supply chain for silver-heavy sectors like solar and tech hardware.