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Gold (XAUUSD) and Silver Drop Below Key Levels as Trade Deal Uncertainty Grows
The Chicago Fed National Activity Index has remained negative since April 2025. This negative trend indicates consistent weakness in U.S. economic output. This extended downturn reflects a broader economic deceleration, despite upbeat headlines about stock markets and trade negotiations. On the other hand, the container rates remain depressed at $1,746 per 40-foot unit. This is a sign that global trade flows are contracting. This low level indicates slack in global manufacturing demand and fewer cross-border shipments, which often precede economic downturns. The chart below shows that the US imports surged in Q1 2025 ... (full story)
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