Gold edged lower after rising more than 2% over the previous two sessions toward its record high, as President Donald Trump’s tariff barrage drove haven demand.
Silver's price rose to a one-week high due to a weaker dollar and increased demand driven by concerns over a global trade war. Gold also advanced. Trade tariffs and their impact on the global economy are being closely monitored. The potential for inflation and slowed global growth could further increase demand for silver and gold as stores of value.
