Bank Trader: Silver Outshines on Tariff Shock
They also say to not get excited yet despite option indicators
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.