Silver Hits $53 — Up 3.4% in 24 Hours 
Gold prices pulled back marginally from recent highs but maintain strong momentum, trading at $2,750/oz – just $40 shy of all-time records and on track for a fourth consecutive weekly gain.
Investors are closely monitoring President Trump’s proposed trade tariffs targeting major trading partners, while also awaiting US jobless claims data for insights into the Federal Reserve’s rate policy.
The precious metal’s appeal as a safe-haven asset has been bolstered by geopolitical uncertainties, central bank purchasing, and the Fed’s shift to rate cuts.
Trump’s domestic policies, including tax cuts and immigration restrictions, could further support gold prices by potentially impacting growth and inflation dynamics.
