S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market- Silver prices edge higher as persistent uncertainty over US-China trade talks drives demand for safe-haven assets.
- President Trump confirmed that negotiations are ongoing but noted no talks with Chinese President Xi Jinping are planned this week.
- A weaker US Dollar is enhancing the appeal of dollar-denominated assets like silver for foreign investors.
Silver price (XAG/USD) is pausing its four-day decline, trading near $32.10 during the Asian session on Monday. The precious metal is regaining ground as ongoing uncertainty around US-China trade talks fuels safe-haven demand.
On Friday, China’s Commerce Ministry said it is considering a proposal from the United States (US) to resume trade discussions. This comes after US President Donald Trump stated that negotiations were underway, although he clarified that no talks with Chinese President Xi Jinping are scheduled for this week.
The US Dollar (USD) has also weakened, boosting the appeal of dollar-denominated assets like Silver for holders of other currencies. The Greenback is under pressure, partly due to escalating trade tensions, with Trump announcing plans for a 100% tariff on foreign-produced films.
However, Silver’s industrial demand prospects are clouded by deteriorating global economic data. The US economy unexpectedly contracted by 0.3% in Q1—its first decline in three years—while China’s NBS manufacturing PMI dropped to a 16-month low, driven by the sharpest fall in export orders since 2022.
Market focus now shifts to the upcoming US Federal Reserve policy meeting, where rates are widely expected to remain unchanged despite Trump’s renewed push for a cut. Investors are also watching Monday’s US ISM Services PMI release for insight into the economic outlook.
