GOLD AND SILVER PRICE FORECAST: TARIFF RISKS AND FED CUT BETS BOOST SAFE-HAVEN DEMAND

GOLD AND SILVER PRICE FORECAST: TARIFF RISKS AND FED CUT BETS BOOST SAFE-HAVEN DEMAND

Gold (XAU/USD) and silver (XAG/USD) have experienced significant rallies, driven by safe-haven flows amid escalating tariff risks and expectations of Federal Reserve rate cuts.​

The U.S. administration's announcement of steep tariffs on imports from Mexico, Canada, and China has heightened global trade tensions. ​

In retaliation, China increased tariffs on U.S. goods from 84% to 125%, further intensifying fears of a prolonged trade conflict. ​

Weak U.S. retail sales data have led investors to anticipate that the Federal Reserve may begin cutting interest rates by September, reducing the opportunity cost of holding non-yielding assets like gold and silver. ​

Investors are flocking to gold and silver as safe-haven assets in response to geopolitical risks and economic uncertainties stemming from trade tensions and potential monetary policy shifts. ​

Reached a record high of $3,219.84 per ounce on April 11, 2025, driven by safe-haven demand amid trade tensions and expectations of Federal Reserve rate cuts. ​

Traded around $31.48 per ounce, supported by growing industrial demand and market volatility fueled by global trade war concerns.