Silver Slides as Investors Lock in Profits Amid Receding Fears

Silver prices fell sharply on Tuesday, retreating from last week’s record highs as investors took profits following a rapid rally driven by tight supply conditions and macroeconomic tailwinds.

The pullback comes as broader risk appetite improved, fueled by easing US-China trade tensions and signs of progress in resolving the US government shutdown.

Join our WhatsApp Channel

President Donald Trump stated he expects to reach a “fair” trade agreement with Chinese President Xi Jinping during their upcoming meeting in South Korea, helping calm markets. Investors now turn their focus to Friday’s key US inflation print, which could shape expectations ahead of next week’s anticipated Federal Reserve rate cut.

On the bright side, ETP holdings remain robust at 1.13 billion ounces and industrial demand continues to provide a floor.

According to Bas Kooijman, the CEO and Asset Manager of DHF Capital in South Africa, “The global deficit is still projected at 117.6 million ounces for 2025, underscoring continued structural tightness despite near-term volatility.”

Editor

+ posts

Latest from Business

Japan’s Stocks Could Rally Further As Takaichi Becomes First Female PM

Takaichi's historic election as Japan's first female leader has given fresh momentum to markets, with expectations that her administration will pursue policies that reinforce Japan's industrial strength and global competitiveness.

‘UK Borrowing Crisis Makes pension Tax Raid Almost Inevitable’

The warning comes as official figures show public borrowing reached £20.2 billion in September, the highest for that month in five years.

UPDATED: Moniepoint Managers Speak On $200 million ‘Miraculous’ Fundraise – Backed by DPI, Google, Visa, IFC, and LeapFrog

The move follows UK market entry and launch of digital financial services + remittance product - MonieWorld - in April 2025

‘Rare Earths ‘Arms Race’ Will Define 2026’

The global scramble for rare earths and other critical minerals is accelerating, and financial advisory giant deVere Group believes it will be one of the defining investment themes of 2026 as the United States and China intensify their fight for control of the materials

Gold Steady Above USD 4,250, Markets Await CPI, US-China Talks

Friday's decline followed remarks by President Donald Trump, who dialled back his threat to impose 100% tariffs on Chinese goods, calling such measures unsustainable and signalling optimism ahead of talks with President Xi Jinping.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Silver Slides as Investors Lock in Profits Amid Receding Fears

Editor

Prime Business Africa

Leave a Reply Cancel reply

Cargo Plane Skids Off Runway, Killing 2 Crew Members

Sanwo-Olu Unveils West Africa’s Largest Library at Lagos State University

Featured Stories