Silver Surges 2.31% Amid Uncertainty in Growth and Trade

Silver prices have surged by 2.31% to $66.75 on Monday, driven by uncertainty in growth and trade that has led investors to seek safe-haven assets.

The price of silver remains above its key short- and medium-term moving averages but below longer-term levels.

Analysts point to lower US Treasury yields and ongoing geopolitical risks as major drivers behind the metal's appeal, with investors seeking non-yielding assets during times of market uncertainty.