Daily brief · Monday, May 26, 2025

Gold firmer on trade headlines; silver up; palladium drops

Gold closed higher at $3,342.65 an ounce as safe-haven demand resurfaced on renewed trade-tension headlines, though some reports also noted profit-taking and improved risk appetite at points during the session. Silver finished at $33.10 an ounce, supported by the same macro backdrop, while palladium fell despite a strong past month.

AI summaryWritten automatically with AI from 22 linked reports and our own price data, Oct 21, 1:50 AM ET. Each point links to its sources. Published without an editor’s review; not investment advice. How this page is made

Tone of the reports: Mixed

What happened

  1. Reuters reported investors sought gold as the dollar struggled and lost some safe-haven appeal; Reuters also noted gold has reached record highs this year.

    SourcesReuters: Asian shares dip, dollar struggles after Trump's tariff backflip | Reuters

  2. Investing.com said gold rose as renewed trade tensions drove risk aversion after Trump proposed a 50% tariff on EU imports, lifting safe-haven demand.

    SourcesInvesting.com: Gold Climbed As Renewed Trade Tensions Fueled Risk Aversion ...

  3. Kitco said Memorial Day trade was quiet and included profit-taking, but gold held above $3,300 with trade tensions still elevated.

    SourcesKitco News: In quiet Memorial Day profit taking, gold holds above $3,300 as trade tensions simmer

  4. Several reports described a pause or pullback in gold as tariff fears eased and risk appetite improved, with some also flagging technical resistance near $3,350.

    SourcesInvesting.com: Gold Pauses, EUR/USD Lifts as Trump Backs Off Tariffs | Investing ...ForexLive: Gold pulls back on better risk appetite to start the week | ForexliveEconomies.com: Gold gives up two-week high on profit-taking2: Gold is gathering gains -Analysis-26-05-2025

  5. Citi raised its 0–3 month gold price target back to $3,500/oz, according to ForexLive.

    SourcesForexLive: Citi 0 - 3 month price target for gold back to $3,500/oz | Forexlive

  6. Flows and infrastructure around gold exposure continued to broaden, with new or expanded gold ETC/ETC-style offerings reported by Investing.com and financefeeds.com.

    SourcesInvesting.com: Amundi expands gold-linked ETC offerings with new issuance By ...2: Amundi expands gold ETC offerings with new issuance By Investing ...financefeeds.com: Boerse Stuttgart Expands Gold ETC Lineup With Physically Backed EUWAX Gold Core And Traceable Products

Bull vs bear

The arguments the day’s reports made for each direction. We list them side by side; we don’t pick one.

The case for higher prices

The case for lower prices

What to watch

  • UpcomingJapan inflation/unemployment/wagesEconomies.com said traders were awaiting these releases, which can affect rate expectations and in turn influence gold demand.

Metal by metal

Gold $3,342.65 +1.79%

Coverage centered on trade-policy headlines and the dollar. Reuters tied interest in gold to a softer dollar/safe-haven rotation, while Kitco and other outlets highlighted profit-taking and pauses after tariff-related swings; one report also pointed to resistance near $3,350.

Gold headlines

Silver $33.10 +1.13%

Reports framed silver as moving with shifting safe-haven demand tied to tariff-deadline headlines, while other coverage leaned on lower yields and a weaker dollar as supportive inputs.

Silver headlines

Platinum $1,084.00 +0.00%

No report focused on platinum.

Platinum headlines

Palladium $992.00 −3.03%

No report focused on palladium.

Palladium headlines

The day’s reports

The 40 most important of 44 reports, New York time.

  1. 10:32 PM Reuters · 10:32 PM▲ Reports a rise Asian shares dip, dollar struggles after Trump's tariff backflip | Reuters Reuters says investors are seeking gold as the dollar loses safe-haven appeal and gold prices have reached record highs this year.
  2. 8:00 PM Earlier news service · 8:00 PM CHINA's total gold imports via Hong Kong in April more than doubled m/m China's gold imports via Hong Kong more than doubled from the previous month in April.
  3. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise CITI adjusts short-term gold price forecast back to $3,500 Citi raises its short-term gold price forecast back to $3,500.
  4. 8:00 PM Earlier news service · 8:00 PM CITI Bullish on Gold, Americans Purchase Hit Record High Citi stays bullish on gold as Americans' gold purchases hit a record high.
  5. 8:00 PM Earlier news service · 8:00 PM CHINESE Gold Imports Surge as Demand Continues to Grow Chinese gold imports are surging as demand continues to grow.
  6. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise SWISS monthly gold imports from the U.S. hit highest since at least 2012 Swiss monthly gold imports from the U.S. rose to their highest level since at least 2012.
  7. 8:00 PM Earlier news service · 8:00 PM▼ Reports a fall RUSSIA's gold and yuan reserves shrinking, reports Ukraine's Foreign Intelligenc.. A report says Russia's gold and yuan reserves are shrinking.
  8. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise Why CENTRAL BANKS are playing a big role in pushing up gold prices The article explains why central banks are helping push gold prices higher.
  9. 1:23 PM Kitco News · 1:23 PM U.S. sanctions push global powers toward gold-backed alternatives - Atlantic Council Atlantic Council says U.S. sanctions are pushing global powers toward gold-backed alternatives.
  10. 11:13 AM Investing.com · 11:13 AM▲ Reports a rise Gold Climbed As Renewed Trade Tensions Fueled Risk Aversion ... Gold rises as renewed trade tensions drive safe-haven buying after Trump proposed a 50% tariff on EU imports.
  11. 11:13 AM ForexLive · 11:13 AM▲ Reports a rise Citi 0 - 3 month price target for gold back to $3,500/oz | Forexlive Citi raised its three-month gold price target back to $3,500 an ounce.
  12. 11:36 PM Earlier news service · 11:36 PM▲ Reports a rise Gold hovers near two-week high on dollar weakness, US fiscal woes Gold hovers near a two-week high on dollar weakness and U.S. fiscal worries.
  13. 8:00 PM Earlier news service · 8:00 PM▼ Reports a fall Gold Pulls Back At The Start Of The Week Gold pulls back at the start of the week.
  14. 8:00 PM Earlier news service · 8:00 PM COMMERZBANK : ECB looks at Gold investments Commerzbank says the ECB is looking at gold investments.
  15. 8:00 PM Earlier news service · 8:00 PM SINGAPORE : The ultra-rich are increasingly parking their gold in Singapore as g.. Ultra-rich investors are increasingly storing their gold in Singapore.
  16. 8:00 PM Earlier news service · 8:00 PM BMO : What Drives Gold, and Why Should Investors Own It? BMO explains what drives gold prices and why investors should own gold.
  17. 8:00 PM Earlier news service · 8:00 PM▼ Reports a fall Gold prices pull back as Trump postpones EU tariffs Gold prices pull back after Trump postpones EU tariffs.
  18. 8:00 PM Earlier news service · 8:00 PM 7 key takeaways of the recent IN GOLD WE TRUST Report The article highlights seven key takeaways from the latest In Gold We Trust report.
  19. 8:00 PM Earlier news service · 8:00 PM▼ Reports a fall DOLLAR Gains and Gold Plunges as Trade Tensions Ease Gold falls as the dollar rises and trade tensions ease.
  20. 8:00 PM Earlier news service · 8:00 PM▼ Reports a fall CHARTS : Gold: Bears in Control as Price Slides Below Key Moving Averages Charts show gold bears in control as prices fall below key moving averages.
  21. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise More investors turn to SILVER even as prices surge, driven by increased industri.. More investors are turning to silver even as prices surge, helped by stronger industrial demand.
  22. 8:00 PM Earlier news service · 8:00 PM▼ Reports a fall Gold Holds Decline as EU-US Trade Talks Weigh on Haven Demand Gold holds its decline as EU-U.S. trade talks reduce safe-haven demand.
  23. 8:00 PM Earlier news service · 8:00 PM SAXO BANK : COT Report: Hedge funds return to gold; elevated grains short ahead .. Saxo Bank says hedge funds have returned to gold in its COT report.
  24. 8:00 PM Earlier news service · 8:00 PM EINHORN explains why gold will keep rising — and it's got nothing to do with inf.. Einhorn argues gold will keep rising for reasons unrelated to inflation.
  25. 8:00 PM Earlier news service · 8:00 PM WORLD GOLD COUNCIL : Weekly Markets Monitor: Risks up again World Gold Council says market risks have increased again in its weekly update.
  26. 11:13 AM ForexLive · 11:13 AM▼ Reports a fall Gold pulls back on better risk appetite to start the week | Forexlive Gold falls 0.7% to about $3,332 as better risk appetite weighs on the metal.
  27. 11:13 AM Investing.com · 11:13 AM Amundi expands gold ETC offerings with new issuance By Investing ... Amundi issues a new gold ETC as part of its secured precious-metals product lineup.
  28. 11:13 AM Investing.com · 11:13 AM Amundi expands gold-linked ETC offerings with new issuance By ... Amundi expands its gold-linked ETC range with a new issuance that tracks gold spot-price movements.
  29. 11:13 AM FXEmpire · 11:13 AM▲ Reports a rise Gold (XAUUSD) and Silver (XAGUSD) Set to Breakout Amid US ... Gold and silver are set for a breakout as U.S. yields fall and support precious metals.
  30. 11:13 AM Investing.com · 11:13 AM Gold Pauses, EUR/USD Lifts as Trump Backs Off Tariffs | Investing ... Gold pauses after Trump backs off tariffs on European Union imports.
  31. 11:13 AM FXEmpire · 11:13 AM Silver (XAG) Forecast: Safe-Haven Demand Wavers After Trump ... Silver faces wavering safe-haven demand after Trump's tariff extension on the EU.
  32. 11:13 AM FXEmpire · 11:13 AM▲ Reports a rise Silver (XAG) Forecast: Silver Market Eyes $35.40 as Treasury Yields ... Silver's outlook improves as Treasury yields fall and the dollar weakens.
  33. 11:13 AM Earlier news service · 11:13 AM▼ Reports a fall Gold retreats from 2-week peak as Trump extends EU tariff deadline Gold retreats from a two-week peak after Trump extends the EU tariff deadline.
  34. 10:46 AM Kitco News · 10:46 AM In quiet Memorial Day profit taking, gold holds above $3,300 as trade tensions simmer Gold holds above $3,300 as traders take profits while trade tensions remain elevated.
  35. 6:46 AM financefeeds.com · 6:46 AM Boerse Stuttgart Expands Gold ETC Lineup With Physically Backed EUWAX Gold Core And Traceable Products Boerse Stuttgart expanded its gold ETC lineup with physically backed products.
  36. 5:15 AM FXStreet · 5:15 AM Silver Price Forecast: XAG/USD steadies around $33.50 due to ... Silver steadies around $33.50 as safe-haven demand eases after Trump extended the EU import tariff deadline.
  37. 9:19 PM Earlier news service · 9:19 PM▼ Reports a fall Gold Holds Decline Gold holds its decline.
  38. 8:00 PM Earlier news service · 8:00 PM▲ Reports a rise MORNINGSTAR : Gold-led rally propels commodities past liquid alternatives in glo.. Morningstar says a gold-led rally has lifted commodities past liquid alternatives.
  39. 8:00 PM Earlier news service · 8:00 PM HERAEUS : A golden opportunity for platinum jewellery? Heraeus asks whether there is a golden opportunity for platinum jewellery.
  40. 8:00 PM Earlier news service · 8:00 PM ABERDEEN : Commodities: What a difference a weekend can make Aberdeen discusses how a weekend changed commodity markets.

How this page is made

Collected every hour. Summed up twice a day. Linked to the source.

Where the news comes from

  • Reuters and Dow Jones headlines for gold, silver, platinum and palladium, through TradingView
  • Kitco News and MetalsDaily
  • The World Gold Council
  • Google News, for wider coverage
  • A daily AI web search for anything the feeds missed

How the briefs are written

Every hour we collect new headlines. An AI model from OpenAI tags each one by metal, topic and importance and writes a one-line summary from its headline and teaser. It doesn’t read paywalled articles. On weekdays at about 8 AM and after the 5 PM New York close, it writes a brief from the most important reports and our own spot price feed. Every point cites the reports it came from. On Fridays it writes a recap of the week.

Who publishes it

Bullion Trading LLC is a physical precious metals dealer in New York’s Diamond District, in business since 2008. Prices on this page come from our own live feed and LBMA history. We buy and sell bullion, so read the briefs as market context, not investment advice. Briefs are published automatically, without an editor’s review. If you spot an error, tell us.