The silver market is under pressure with the exacerbation of the trade war

The global silver market is experiencing increasing pressure, amid investors’ concerns about the trade war, with major indicators, and the flow of millions of ounces between trading centers, and expectations that can continue for months. The high prices of the loans with precious metal are the latest indication of concern, with increasing concerns about the impact of the additional customs duties imposed by US President Donald Trump. This has led to silver shipping to the United States in an effort to obtain different prices in New York, which could cause a shortage of offer in London. The precious metal, gold and silver, was a major shift this year, after Trump caused challenges for the global trading system. The demand motivated secure ports and opened the door for rare price imbalances between the most important markets. While the immediate silver prices rose by about 17% this year, making it one of the best goods, but New York’s term was a better performance. On a physical level, concerns related to customs duties, especially the fees imposed on Canada and Mexico, as well as the broader mutual restrictions that can be applied next month, to the withdrawal of large quantities of gold and silver from London to the US Treasury. But because of their relative value and size, gold is sent by the air, while silver is loaded by the sea, which often makes it last much longer. A jump in the cost of silver loans has raised rental prices, which is the cost of borrowing the metal, which is usually for a short period. Silver’s monthly prices rose to 6% this month after a sharp rise in February. This reflects partially concerns about the velocity of depletion of shares in the British capital, as containers reached their lowest level ever last month. In addition, not all are available due to the association with the products circulating on the stock exchange. Cofco Futures Co expected the rental price to stay in London for two to three months. While transport operations from the United Kingdom to the United States, Shanshan said: “Since silver is much larger than gold, it is likely to take longer.” Standard silver shares on the Comics Stock Exchange reflect the total numbers reported on the United States Stock Exchange. Silver shares registered on the Comics Stock Exchange have expanded to the highest level ever in the 1992 data, after it has risen by 40% so far this term, which is a standard increase. Although New York is still attracting the metal, the fear that flow can reflect its direction for a long time if silver has a lack of London treasures. “In the case of pressure on silver, according to what has been said for a long time, this slowdown in the flow of shipping will be an important factor for any possible disorder that will last a long time,” said George Hibell, a BMO Markats, in a note. He explained that this is due to the fact that the flow of silver supplies from the United States to London will take some time. The impact of the new customs duties The United States imports about 70% of its silver from Canada and Mexico, which has so far carried the greatest burden of Trump’s commercial administration procedures. Ottawa later announced the 25% counter -operated on US -made goods of $ 30 billion ($ 20.8 billion), including silver. Since then, Trump has repeated his intention to impose a new wave of customs duties on April 2. “The market is perhaps less in size and the impact of mutual US customs duties to be applied on April 2,” said in a memo: “The market could be the price of the prices that are mutual, which is to be applied on April 2. The fees. So there are greater risks associated with silver, “says Daniel Ghali, the company’s main commodity strategy. He added:” Even if the interference is completely resolved overnight, we cannot return to the previous situation because you can never know what will happen the next day. “