The dollar strengthened by 0.30% today following President Trump’s announcement of a comprehensive trade deal with the UK, which eased global trade tensions. Supporting this rise were better-than-expected US jobless claims data and increased Q1 unit labor costs. Meanwhile, gold prices fell 0.84% to $3,366.13 per ounce due to reduced safe-haven demand and the stronger dollar. Silver prices, however, increased slightly by 0.21% after strong German industrial production data boosted industrial metals demand. Both precious metals found some support from ongoing geopolitical tensions in South Asia and the Middle East, as well as the Bank of England’s interest rate cut.

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What Is a COMEX Silver “Delivery”? — And Why Most People Get It Wrong
Every big COMEX silver delivery month, the same question erupts online: millions of ounces delivered, but inventory barely moved. Here’s the one mechanic that explains why — and what you should actually be watching instead.




