Silver futures faced downward pressure over two sessions, dropping roughly 3.4% as stronger-than-expected economic data boosted the U.S. dollar. The S&P Global flash composite PMI reached its highest reading since July 2021, and the Atlanta Fed's GDPNow estimate surged to 5.1%, reinforcing market expectations for continued restrictive monetary policy. This combination weighed heavily on precious metals. However, the extension of a trade truce between Washington and Beijing through January 2027 provided a floor for silver prices. By reducing the near-term risk of manufacturing disruptions and tariffs, the agreement helped sustain the outlook for industrial demand, offsetting some of the macroeconomic headwinds impacting the metals complex.