Trade Tensions Resurface, Risk-Off Sentiment Grows
Gold and silver prices climbed in Asian trading hours as investors sought safety. Trump's announcement to raise global tariffs to 15% has reignited concerns over trade disputes.
Market Reaction and Safe-Haven Appeal
This policy shift has revived fears of global trade friction, prompting investors to seek refuge in precious metals. Analysts note that escalating tensions could boost demand for gold and silver as safe-haven assets.
Outlook and Considerations
- Geopolitical risks may continue to support gold prices in the near term.
- Silver could experience heightened volatility due to mixed industrial and investment demand.
- Market participants should monitor policy developments and sentiment shifts closely.