Gold prices remain above $2,925 as traders eagerly anticipate the upcoming Federal Reserve minutes for potential insights into future rate cuts. The uncertainty surrounding tariff negotiations continues to create volatility for both XAU/USD and XAG/USD.

Market analysts suggest that the release of the Fed’s meeting minutes could significantly influence market sentiment, particularly if hints of policy adjustments arise. As concerns about tariffs linger, they add another layer of complexity to the precious metals market, leading to unpredictable fluctuations in gold and silver prices.

Traders are currently weighing their options, attempting to decipher how these events will impact their trading strategies. The reliance on key economic indicators underscores the importance of staying informed in today’s fast-moving market environment. Gold and silver will likely remain in focus as crucial announcements draw near, refining their price trajectories accordingly.