Geopolitical concerns dollar weakness life precious metals to 3.5-week highs.

Gold and Silver futures prices moved significantly higher as market participants reacted to increased geopolitical tensions and ongoing tariff discussions. Gold futures climbed over 3% to reach a 3.5 week high of 5,242, maintaining an upward trend established from early February lows. Silver futures experienced a robust rally, gaining approximately 7% on the day to also hit a 3.5 week high. Analysts noted that uncertainty surrounding international relations and trade policy provided support for the metals complex, particularly as the U.S. dollar and 10-Year yields faced downward pressure. Both products have shown sustained strength over the last two and a half weeks, rebounding from late January lows.