Gold prices were stable in early Asian trading on Thursday (23/1), still supported by the prospect of strong demand for the precious metal. A weaker dollar and lower Treasury yields have again attracted investor interest Gold is up about 2% so far this week and is holding near its highest level since October, as traders weigh the impact of President Donald Trump's latest tariff threats against China and the European Union on the global economy. Source: Newsmaker.id
Silver prices (XAG/USD) experienced a slight decline on Thursday (1/23). The white metal fell as the US Dollar (USD) stabilized around 108.2 after facing pressure earlier in the week, as investors await further clarity on President Donald Trump's policy plans. Source: Newsmaker.id
Gold prices maintained their negative bias through the early European session on Thursday (1/23), although there was no follow-through selling and remained close to the highest level since early November hit the previous day. Uncertainty surrounding US President Donald Trump's tariff plans, which could trigger a trade war and increase market volatility, should help limit losses for XAU/USD, warranting caution before confirming that the month-long uptrend has run out of steam. Source: Newsmaker.id