Silver Prices In Local Markets ,the Global Stock Exchange Witnessed Relative Stability During Last Week's Trading.

Silver prices in local markets witnessed relative stability during last week's trading, with the ounce remaining stable on the global stock exchange, due to the rise of the dollar and the easing of trade tensions between the United States and China.

Silver prices in local markets fell by EGP 0.25 during last week's trading, with the price of a gram of 800-karat silver opening at EGP 49 and closing at EGP 48.75. Meanwhile, the price of an ounce rose on the global stock exchange by $0.47, opening at $32.53 and closing at $33.

The price of a gram of 999-karat silver reached EGP 61, while the price of a gram of 925-karat silver reached approximately EGP 56.50, while the silver pound (925-karat) reached EGP 452.

Silver prices in local markets witnessed relative stability throughout the week, with the ounce on the global stock exchange stabilizing, supported by the de-escalation in the trade war between China and the United States.

China's decision to grant tariff exemptions on essential US imports raised hopes of a de-escalation in the trade conflict, prompting investors to move away from safe havens like silver. While broader economic stability supports long-term industrial demand for silver, immediate appetite for silver has diminished, pressuring prices.

Bloomberg reported that hopes for a truce in the trade war between the world's two largest economies have increased, as China stated that it is considering suspending additional tariffs on imports of medical equipment and some industrial chemicals from the United States.

However, contradictory statements from US President Donald Trump and China regarding their participation in trade negotiations are expected to keep investors on the sidelines. Trump stated that discussions between Washington and Beijing on trade are going well, but China denied these statements, confirming that there are no "economic and trade negotiations between China and the United States." The report explained that macroeconomic volatility resulting from a strong dollar and declining global risks may push silver lower.

The Silver Institute published its 2025 silver survey, and the precious metal is expected to experience a deficit for the fifth consecutive year, albeit the smallest imbalance in four years.

Silver is expected to experience a deficit of 117 million ounces, as demand declines slightly to 1.148 billion ounces, and total supply increases by 1.5% as mine production rises.

The Silver Institute expects industrial demand for silver to remain relatively stable this year at around 677.4 million ounces.

Silver prices have risen 21% over the past year, roughly half the rise in gold prices, but they still easily outperform the returns of many global equity indices during that period.

The gold-to-silver price ratio, a measure of the yellow metal's rise, exceeded 100 times earlier this week before falling back to the mid-90s, compared to the average of 68 over the past 30 years.