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Bank Trader: Silver Outshines on Tariff Shock

Bank Trader: Silver Outshines on Tariff Shock

They also say to not get excited yet despite option indicators

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VBL
Jun 04, 2025
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Bank Trader: Silver Outshines on Tariff Shock
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Trump Escalates Metal Protectionism

We believe banks are still advising clients to keep leaning into [silver] as a short against gold and copper. They have little faith in investment follow through it seems.

-GoldFix

President Trump’s decision to double tariffs on steel and aluminum imports from 25% to 50% on May 30 triggered a sharp response across metals markets—most notably in silver.

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