Breaking: Silver Tops $38 for First Time Since 2011 
Gold prices rose for a third straight session as investors rushed toward safe-haven assets after U.S. President Trump announced steep new tariffs—including a 35% tariff on Canadian imports and potential blanket tariffs on other countries. The escalation of trade tensions has sparked fears of an economic slowdown, prompting investors to seek stability in precious metals.
In addition, the Federal Reserve signaled that rate cuts are still possible this year, which further supports gold’s appeal. Silver and palladium also posted gains, with palladium rising over 2%. Meanwhile, rising premiums in U.S. futures for silver, platinum, and palladium reflect increased demand and tighter market conditions.
