Gold price retreats from monthly top as modest USD strength prompts profit-taking

Gold Outlook: Investors await US tariff headlines, NFP

Gold price (XAU/USD) retreats from its highest level since June 16, around the $3,439 region touched during the Asian session on Wednesday, and for now, seems to have snapped a three-day winning streak. The global risk sentiment gets a fresh boost after US President Donald Trump announced a trade deal with Japan. This, in turn, undermines the safe-haven precious metal and prompts some profit-taking amid a modest US Dollar (USD) recovery.

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Silver Prices Stay Resilient Near $39 – What’s Driving the Market?

Silver Nears All-Time High

Hey there! If you’ve been keeping an eye on silver prices, you might’ve noticed they’re hovering around $38.80 during early European trading hours on Tuesday. That’s pretty close to the highest level we’ve seen in a decade, around $39.00. So, what’s keeping silver so strong? Let’s break it down in a way that’s easy to follow.

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