Silver tests multi-year highs as traders stay bullish. Currently, silver is trying to settle above the $38.00 level. In case this attempt is successful, silver will head towards the next resistance at $39.80 – $40.00.

Gold prices nudged higher on Thursday as rising trade tensions steered market participants toward the safety of bullion, though gains were limited by an uptick in the dollar.

Gold's performance is influenced by geopolitics, trade wars, and central bank reliance, with negative consequences affecting the dollar index and gold.

Gold has experienced an extended period of bull run since late 2022, prompting questions about potential catalysis for change in trend.

Drawing on fresh data, historical parallels, and economic indicators, Maharrey lays out a compelling case: the dollar is in trouble, and gold is emerging as the true safe haven.

The U.S. president, whose global wave of tariffs has upended businesses and policymaking, said the European Union will receive a letter "today or tomorrow". Both Nasdaq futures and S&P 500 futures fell about 0.4%. EUROSTOXX 50 futures dropped 0.6%. The euro slipped 0.3% to $1.1668, while the dollar gained 0.4% to C$1.3704.

Convert United States Dollar To Gold Ounce 1 USD = 0.00030015 XAU Jul 11, 2025 04:29 UTC Check the currency rates against all the world currencies here.

The U.S. dollar faces a variety of headwinds heading into the second half of the year that could have important investing implications.

As de-dollarization gains momentum, rising central bank gold purchases and widening currency swings signal that investors should hedge by keeping a modest 5%–10 % gold allocation and diversifying into select assets not denominated in dollars.