Group 1 - The gold market is experiencing selling pressure due to reduced safe-haven demand, with June 2025 gold futures dropping by $73.8 to $3180.7 per ounce, a decline of 2.27% [1] - The positive signals from the US-China Geneva trade talks, including mutual tariff reductions, have led to a temporary improvement in trade relations, which has weakened gold's appeal as a safe-haven asset [1] - Despite a nearly $400 drop from last month's record high, gold prices have still increased over 20% year-to-date, indicating potential for further technical corrections [1] Group 2 - The US dollar index rebounded, increasing by 0.03% and surpassing the 101 mark, adding further pressure on gold prices [1] - Market attention is focused on the upcoming April PPI data, which could influence expectations regarding the Federal Reserve's monetary policy and potentially support gold prices if the data remains weak [1] - The long-term support for gold prices remains intact, with the World Gold Council reporting a $11 billion inflow into global physical gold ETFs in April, marking five consecutive months of inflows [2] Group 3 - The decline in gold prices has also negatively impacted silver prices, with July silver futures falling by $0.70 to $32.39 per ounce, a decrease of 2.12% [2]