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On Thursday, gold prices fell to their lowest level in over a month as the precious metals market faced pressure from easing trade tensions between the United States and China.

The US-China tariff pause made analysts doubt that the Federal Reserve (Fed) will cut rates soon amid easing concerns of the US economy sliding into a recession. Before the deal, the central bank was expected to ease monetary policy in summer.

On Thursday, silver prices dropped below $32 per ounce, erasing the previous session's gains. Easing global trade tensions reduced demand for safe-haven assets. This pullback followed productive US-China negotiations over the weekend.

Last month, Australia saw an increase in the employment rate to 89,000 at the same time as the unemployment remained at the current level of 4.1%. According to Bloomberg, the statistics could change expectations for the Reserve Bank of Australia's (RBA) monetary policy.

After briefly rising on the back of a trade deal between the US and China, copper prices fell to $9,570 per ton midweek. Despite high volatility in the market in 2025, the metal has posted a 16% growth since the beginning of the year, as reported by Mining.com.

According to an annual survey by consulting firm EY, new foreign direct investment projects in the EU fell to a nine-year low in 2024, dipping below even pandemic-era levels. The number of jobs created by these investments also declined by 16% year-on-year.

Oil prices dropped over 2% on Thursday amid investor concerns over a potential supply glut fueled by prospects of a US-Iran deal and an unexpected increase in American crude inventories last week, according to Reuters.

Goldman Sachs President John Waldron said that the recent decline in investor interest in dollar assets should be interpreted as investors returning to a more neutral stance on the currency, rather than a mass flight from these assets.

The price of bitcoin (BTC) may reach a new peak this year, Polymarket claims. According to the platform, many traders assume an increase in the value of the cryptocurrency above $130,000 by the end of this year. At the moment, the probability of it is standing at 63%.

Argentina has made a major breakthrough in its mining sector with the discovery of a deposit containing an estimated 80 million ounces of gold and silver, along with 12 million tons of copper. According to Earth.com, the country is poised to become a major player in the global metals market.