Silver Pulls Back After Record Rally, Gold Edges Lower Amid Tariff Uncertainty

Silver retreated from a record rally, tumbling as much as 7.3% after peaking near $93.75 per ounce, while gold slipped about 0.7% as investors booked profits and the U.S. held off on tariffs on critical minerals; analysts say silver’s gains were underpinned by supply shortfalls and industrial demand, though near‑term moves look volatile amid tariff uncertainty.