Loading ....Increased demand for new cars is now declining. I’m guessing one of the reasons along with profit taking from the same reason might have something do with it selling today. It does not affect Gold or silver although silver is also industrial it’s demand is still in place and not dependent in one sector.
New car sales are down in the U.S. due to a recent surge in sales before potential tariffs, which pulled forward demand, followed by higher prices and economic uncertainty that are discouraging consumers. Tariffs on auto imports and parts increase costs for manufacturers, leading to higher prices for consumers. This is combined with general economic uncertainty and high interest rates, making consumers hesitant to make large purchases.