Gold and silver prices moved higher on Tuesday after both metals suffered heavy losses in recent weeks. Gold recovered from its lowest level since November 2025, while silver, platinum and palladium also posted gains during the trading session. Even with this rebound, the broader trend remains weak as precious metals are heading for significant monthly and quarterly losses. A stronger US dollar, growing expectations that the US Federal Reserve could raise interest rates again, and uncertainty over inflation have continued to weigh on investor sentiment. Market participants are now closely watching upcoming US employment reports and other economic data, which could provide fresh clues about future interest rate decisions and determine the next direction for gold, silver and other precious metals.
