Silver Rises Over 120% YTD Invest Now 
The British pound remained stable against the dollar on Thursday, trading at $1.2674 just below Wednesday’s two-month high of $1.2717, despite President Trump’s announcement of potential 25% tariffs on European Union goods.
Analysts suggest sterling could outperform other currencies if tariffs are implemented because of the relatively small US-UK trade deficit.
The pound is also finding support from expectations of fewer Bank of England rate cuts compared to other central banks like the ECB.
Original Source: Reuters
With gold above $4,600 and silver trading at historically unprecedented price levels, one signal explains the move: dollar dominance is fading — and precious metals are the direct beneficiary.
Indian rupee banknotes beside a 1000g fine gold bullion bar on a dark surface — illustrating India’s gold import duty hike and the rupee vs gold tension.
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Indian rupee banknotes beside a 1000g fine gold bullion bar on a dark surface — illustrating India’s gold import duty hike and the rupee vs gold tension.
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