Gold Steadies, Silver Slips as Hawkish Fed Bets Offset Weaker US Dollar

From monetamarkets.com

Global markets traded cautiously as investors weighed a weaker US Dollar against expectations that the Federal Reserve could maintain a hawkish monetary policy stance. Easing tensions following the Israel-Iran truce reduced demand for traditional safe-haven assets, while inflation concerns continued to support higher interest rate expectations. Asian markets also focused on China’s latest policy signals and trade data, while major currencies remained largely range-bound ahead of fresh economic catalysts. Overall, monetary policy expectations continue to dominate market sentiment across commodities and foreign ... (full story)