Silver Rises Over 120% YTD 
The dollar strengthened by 0.30% today following President Trump’s announcement of a comprehensive trade deal with the UK, which eased global trade tensions. Supporting this rise were better-than-expected US jobless claims data and increased Q1 unit labor costs. Meanwhile, gold prices fell 0.84% to $3,366.13 per ounce due to reduced safe-haven demand and the stronger dollar. Silver prices, however, increased slightly by 0.21% after strong German industrial production data boosted industrial metals demand. Both precious metals found some support from ongoing geopolitical tensions in South Asia and the Middle East, as well as the Bank of England’s interest rate cut.
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Ray Dalio Says Gold Is Still “The Safest Money”
Ray Dalio warns the world may be drifting toward a “capital war,” where currencies and capital become geopolitical weapons. In that environment, Dalio argues gold still stands apart. Here’s why Ray Dalio says gold remains the safest form of money.
March 10, 2026
