Silver Soars As Tariff Talk Escalates, But Goldman Sees No 'Euphoria'

President Trump's double down on steel and aluminum tariffs prompted Silver outperformance. 

After the announcement of an increase in steel and aluminum tariffs to 50% from 25% on May 30th, July Silver jumped 4.9% over 2 sessions, besting the Precious sector's 2.5% gain.

The news heightened prospects for similar moves on other critical Metals, such as Silver.