Furthermore, the expectation of two potential interest rates by this year's federal preparation system has increased the appeal of gold in order to reduce interest rates to reduce the cost of holding non -income.
However, following the border security agreement, recent suspensions of tariffs on Mexico and Canada have improved investors' emotions on high -risk assets. This shift has raised the yield of the US Treasury, supported the stock market, and may increase gold prices in the short term.
Silver goes from risk -on centement and stronger dollars
Silver (XAG/USD) was traded for $ 31.43 after immersing the minimum value of 31.36 in one day. Unlike gold, silver is working on downward pressure, mainly due to improved risk emotions after the suspension of US tariffs in Mexico and Canada.
This development has strengthened the yields of US dollars and the US Treasury, both of which focus on silver prices.
Despite these pressure, the decline of silver remains in the middle, reflecting the double role of both industrial and valuable metals. Market participants are carefully watching US economic data in the future. This may change the current dynamics if signs of economic weakness appear again.
Recent US economic data has shown resilience despite the tension of trade. The ISM manufacturing PMI rises from 49.3 to 50.9 in December in January, exceeding expectations, and has expanded the manufacturing department.
