Why Silver Rallied 6% Before the Trump-Xi Meetings in Beijing

May 13, 2026 09:05:00

Early this week, the price of silver jumped by just over 6% to reach $85.30 an ounce. This came as markets awaited the summit due to be held in Beijing between President Trump and Xi Jinping of China. We unpack why markets reacted in this way in anticipation of the first visit by a sitting U.S. president to China in almost a decade.

All stakeholders, such as New Pacific Metals Corp. (NYSE American: NEWP) (TSX: NUAG), will be following any press briefings that the two leaders make as the summit progresses in order to analyze how the..

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