Silver prices climbed on Thursday, advancing toward $68.10 per troy ounce, marking a 1.05% increase on the day, according to FX Street. The metal traded at $68.29, up 1.34% from Wednesday’s $67.39, supported by the recent US-Iran agreement. However, gains were limited by the Federal Reserve's continued hawkish stance, which also bolstered the US Dollar.
Gold showed only marginal improvement, remaining near weekly lows at $4,220 per troy ounce, as FX Street reported. Meanwhile, the New Zealand Dollar weakened slightly, trading around 0.5765 against the US Dollar, down 0.07% on the day. Rabobank noted that the US Dollar benefited from safe-haven demand and shifting expectations toward tighter Federal Reserve policy.
For Japanese investors, these movements highlight the ongoing influence of US monetary policy on global commodity prices and FX markets, underscoring the importance of monitoring Fed signals amid geopolitical developments.