Strategists: Factors such as Weakening Fed Rate Cut Expectations May Reshape Silver Pricing Logic

Odaily News: J. Safra Sarasin strategist Claudio Wewel pointed out that the sustained surge in silver prices stems from the market's diminished expectations for US interest rate cuts and silver's newly acquired status as a critical mineral. The US Department of the Interior listed silver as a critical mineral in November, increasing the likelihood of the US imposing tariffs on this metal. He noted that this exacerbates long-term supply tightness and prompts US importers to accelerate silver purchases. Meanwhile, retail investors, finding it difficult to buy gold due to its historically high prices, are turning to silver as a safe-haven asset. (Jin10)