Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Gold prices dipped slightly on Monday, pulling back from record highs as global risk sentiment improved following partial tariff exemptions from the U.S. However, safe haven demand remained strong amid ongoing U.S.-China trade tensions and recession concerns. Spot gold edged down 0.3% to $3,225.79 per ounce, while June gold futures slipped 0.1% to $3,240.87. Despite the pullback, spot prices stayed close to last week’s record high of $3,245.69.
Markets welcomed news that some electronic goods would be excluded from President Donald Trump’s aggressive 145% tariffs on Chinese imports, boosting Asian stocks and U.S. futures. Major importers like Apple (NASDAQ:AAPL) were seen benefiting. Still, Trump warned that electronics may soon face a 20% levy under separate measures, keeping investors cautious. China responded with 125% retaliatory tariffs and has begun seeking new trade partnerships, further escalating tensions.
Ongoing fears of disrupted supply chains and a potential U.S. recession—now priced at a 50% chance by traders—continue to support gold prices. A weaker dollar and falling Treasury yields also added to gold’s appeal as a hedge.
In metals trading, platinum futures rose 0.8% to $951.90/oz, while silver futures fell 0.3% to $31.827/oz. Copper on the London Metal Exchange held steady at $9,152.90 per ton.
Goldman Sachs (NYSE:GS) raised its 2025 gold price target to $3,700 per ounce, citing intensifying demand for safe haven assets amid economic uncertainty. The bank noted that in a severe scenario, gold could spike to $4,500 by year-end 2025, reinforcing bullion’s role as a recession hedge.
