Silver to $39.50: Up 9.4% Past 30 Days
Gold slipped about 0.4% to roughly $3,420 an ounce after President Trump’s trade agreement with Japan alleviated some fears of a widening U.S.–Japan tariff war.
Despite the pullback, gold remains up about 30% year-to-date, supported by global trade tensions, geopolitical conflicts, and expectations that the Fed may keep monetary policy loose.
Silver also climbed—up 36% this year to $39.41—boosted by strong industrial demand (especially for solar panels) and tightness in the London market following U.S. tariff anxieties.
