Silver Rises Over 120% YTD 
Gold prices pulled back 0.4% to $2,744.49/oz following a three-month peak, with technical indicators suggesting an overbought position as the RSI reaches 64.
Markets are digesting President Trump’s proposed tariffs – 25% on Canada and Mexico, 10% on China, and potential levies on European imports starting February 1.
The precious metal’s trajectory toward $3,000 remains supported by safe-haven demand amid geopolitical tensions, including Trump’s threats of sanctions against Russia over Ukraine.
The Fed’s upcoming January meeting adds another dimension, though rates are expected to hold steady with 96% probability.
