Gold prices are on an upward trajectory fueled by escalating trade tensions and heightened expectations for a Federal Reserve rate cut. Market participants closely watch XAU/USD as it approaches significant resistance levels. The uncertainty in global markets contributes to gold’s safe-haven appeal, prompting investors to seek refuge in this precious metal.

Silver, however, appears to be struggling under the weight of a stronger dollar. While gold benefits from geopolitical concerns, silver’s performance remains subdued as it faces pressure from the current dollar strength.

The dynamics among these metals present a compelling study for investors. Understanding the interplay between trade negotiations, currency fluctuations, and speculations surrounding interest rate adjustments will be crucial for those looking to navigate the volatile landscape of precious metals.