The strengthening US dollar and the easing of Trump's threats towards Iran have pushed both gold and silver prices down.

On Friday, due to the strength of the US dollar, the prices of gold and silver both fell, after the initial jobless claims data in the United States came in weaker than expected. In addition, President Trump's moderate stance towards Iran also weakened the safe-haven demand for precious metals. Analysts say that this round of decline is related to the rise of the US dollar index to a level of 99.49, the highest level since early December last year. Market observers note that despite the recent drop in gold and silver prices, geopolitical risks from internal turmoil in Iran and issues related to Venezuela and Greenland continue to support the safe-haven demand for precious metals. These uncertainties continue to make investors focus on precious metals as a hedge against risks. Analysts predict that gold and silver prices will continue to be volatile this week, mainly influenced by fluctuations in the US dollar index, while the market is also awaiting a significant decision from the US Supreme Court on tariff-related cases, which could further impact the price movements of precious metals.