Gold prices edged modestly lower in Asian trading on Thursday, while silver hovered near record highs, as investors paused after a strong rally and awaited key U.S. inflation data alongside a series of pivotal central bank policy decisions.<\/p>\n\n\n\n
Spot gold slipped 0.1% to $4,334.48 an ounce<\/strong>, while February gold futures fell 0.2% to $4,364.90\/oz<\/strong> by 00:42 ET (05:42 GMT)<\/strong>. The mild pullback reflected profit-taking after a sharp advance over the past week, driven by rising uncertainty around the U.S. economic outlook.<\/p>\n\n\n\n In contrast, silver and platinum continued to outperform<\/strong>. Spot silver rose 0.5% to $66.5095\/oz<\/strong>, remaining close to Wednesday\u2019s record high of $66.90<\/strong>. Platinum surged to as high as $1,977.80\/oz<\/strong>, bringing prices back within sight of their all-time peak above $2,200\/oz<\/strong>.<\/p>\n\n\n\n On a weekly basis, the divergence within precious metals has been pronounced. While gold has gained roughly 0.7%<\/strong>, silver is up more than 7%<\/strong>, and platinum has surged over 12%<\/strong>, underscoring strong investor appetite for metals tied to both safe-haven demand and tighter supply dynamics.<\/p>\n\n\n\n Despite the modest pullback in gold, underlying safe-haven demand remained firm. Markets have been grappling with mixed signals from recent U.S. economic data, particularly around the labor market, while the Federal Reserve\u2019s renewed asset-buying operations have raised fresh questions about liquidity conditions and the broader health of the economy.<\/p>\n\n\n\n Attention is now firmly on U.S. consumer price index (CPI) data<\/strong>, due later on Thursday. Headline inflation is expected to tick slightly higher, while core CPI is forecast to remain steady at around 3% year-on-year<\/strong>. Inflation and employment remain the Fed\u2019s two primary policy inputs, but investors are increasingly wary of a potential stagflationary scenario<\/strong>, where elevated inflation coincides with a weakening labor market.<\/p>\n\n\n\n Concerns over such an outcome have helped fuel outsized flows into gold and other precious metals in recent sessions.<\/p>\n\n\n\n Geopolitical risks have also added to the defensive tone. Lingering uncertainty around Russia-Ukraine peace negotiations\u2014particularly disagreements over territorial concessions and frozen Russian overseas assets\u2014has continued to support demand for traditional havens.<\/p>\n\n\n\n Beyond U.S. data, markets are bracing for a busy slate of central bank decisions. The Bank of England and the European Central Bank<\/strong> are set to announce policy decisions on Thursday, followed by the Bank of Japan on Friday<\/strong>.<\/p>\n\n\n\n Investors will be closely watching guidance from all three central banks, particularly their assessments of economic conditions heading into 2026<\/strong>, as concerns grow over slowing growth across developed economies.<\/p>\n\n\n\n In this environment, precious metals, especially silver and platinum\u2014continue to benefit from a rare convergence of macro uncertainty, geopolitical risk, and supply-side constraints, even as gold consolidates near elevated levels.<\/p>\n","protected":false},"excerpt":{"rendered":" Gold prices edged modestly lower in Asian trading on Thursday, while silver hovered near record highs, as investors paused after a strong rally and awaited key U.S. inflation data alongside a series of pivotal central bank policy decisions. Spot gold slipped 0.1% to $4,334.48 an ounce, while February gold futures fell 0.2% to $4,364.90\/oz by …<\/p>\n","protected":false},"author":9,"featured_media":99315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,6827,49,37,36],"tags":[],"class_list":["post-121854","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-daily-economic-reports","category-economic-reports","category-forex-markets","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=121854"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121854\/revisions"}],"predecessor-version":[{"id":121855,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/121854\/revisions\/121855"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/99315"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=121854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=121854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=121854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}U.S. economic uncertainty underpins haven demand<\/h3>\n\n\n\n
Central bank decisions add to market tension<\/h3>\n\n\n\n
\n