Gold prices remain range-bound as investors weigh higher-rate risks alongside persistent doubts about the Federal Reserve's next moves. According to FX Street (TD Securities), strategists see gold supported by these uncertainties but expect limited upside in the near term.
Meanwhile, silver (XAG/USD) slipped on Tuesday, trading around $65.00 and falling 1.20% on the day. FX Street reports that silver has been confined within a consolidation range for about a week, pressured by ongoing energy tensions and anticipation ahead of the upcoming Fed Minutes release.
Japanese investors continue to monitor precious metals closely as fluctuations in global monetary policy and energy markets influence risk sentiment and hedging strategies in the region.