Silver Prices Crash: Trump's Tariff Delay Halts Record Surge, Market Remains Cautious

• Silver prices, after consistently setting records, crashed following US President Donald Trump's decision to postpone new import tariffs on metals.
• The price of silver fell by 4 percent to approximately $87 per ounce on January 15, while gold also saw a dip to $4600 per ounce.
• The sudden fall is attributed to investors engaging in profit-taking after Trump indicated negotiations rather than immediate tariff implementation.
• Despite the temporary relief, market apprehension persists as Trump has not ruled out future tariffs or a new 'price floor' policy for critical minerals.
• Changes in US policy significantly impact global silver prices, potentially leading to higher costs for consumers in India who use silver for jewelry, investment, and industry.

Why It Matters: Trump's tariff delay caused a silver price crash, but future policy uncertainty keeps the market on edge.