Gold trimmed gains but stayed near a record high as labor data could sway prices. Silver also neared its record, both boosted by Fed rate cuts. Trump eyeing new Fed Chair. Dollar pressure lifts commodity prices. Analysts anticipate gold’s next move based on US nonfarm payrolls data. Gold seen as strategic hedge tool. UBS predicts $4,500 gold price by June 2026. Goldman Sachs bullish on gold, potential for $4,900 price in diversification scenario.

Read more at Yahoo Finance: Gold, silver prices hold steady with ‘underlying bullish trend’ in place