After months of sharp gains, gold and silver prices have turned lower as improving global sentiment, a stronger US dollar, and easing geopolitical risks have reduced demand for safe-haven assets.

Here’s a look at what’s behind the recent dip — and what investors are watching next.

Trade optimism cools safe-haven demand

The biggest factor dragging both gold and silver lower is renewed optimism around a potential US-China trade deal. Top officials from both countries reportedly worked out the framework of an agreement ahead of a possible meeting between US President Donald Trump and Chinese President Xi Jinping this week.

As trade tensions thaw, investors are moving away from defensive assets like bullion towards equities and other riskier investments.

“A de-frosting of US-China trade r

See Full Page