Silver Rises Over 120% YTD 
Gold edged lower this week, driven by a spike in U.S. 10-year Treasury yields after President Trump introduced aggressive new tariffs targeting major Asian trade partners.
The move—intended to force renegotiation of trade deals—raised concerns about slowing global growth and potential retaliatory moves from China. While rising yields typically reduce gold’s appeal, the economic uncertainty introduced by tariffs could support gold in the longer term.
Investors are also eyeing upcoming Fed meeting minutes for hints about future interest rate paths.
