RE: Iron ore M&A in WA heating up even more!21 Mar 2025 06:42
Silver held its earlier losses hovering around $33.60 per ounce, after the Federal Reserve kept interest rates at 4.25%-4.5%, while signaling potential cuts of 0.5 percentage points by 2025. Despite economic uncertainty fueled by President Trump’s tariffs and fiscal policies, silver remains near a five-month high as trade-war concerns intensify. Lease rates have surged amid shrinking stockpiles, particularly in London, as silver flows to the US to capitalize on higher prices. This shift has widened price gaps between key markets, with spot silver up 17% this year, outperforming other commodities. Physical silver transfers, especially from Canada and Mexico, face strain due to tariffs, further tightening supply. Growing fears of a “silver squeeze” could disrupt trade for months.
https://tradingeconomics.com/commodity/silver