Fundamentals for the Day
Trump–Putin Meeting Fails: Impact on Gold & Silver Prices Today
The Trump–Putin summit in Alaska ended without a deal, leaving markets cautious. Discover today’s Gold & Silver outlook, key ranges, and trading strategies
The highly anticipated meeting between President Trump and President Putin in Alaska ended without any formal agreement. Both leaders described the discussions as “productive”, but no concrete breakthrough was achieved on the Ukraine conflict.
Gold Outlook
- Range: 100,700 – 99,200
- Our Preference: Sell Gold at 100,450 → Target 99,300 | SL: 100,700+
- Alternative Scenario: Buy above 99,350 → Target 100,000 | SL: 99,100 below only if sustain
- Breakout Sell: Below 98,950 → Target 98,250
Gold remains under pressure with sideways-to-downside bias unless a significant geopolitical or macroeconomic trigger emerges.
Silver Outlook
- Range: 112,500 – 115,290
- Our Preference: Sell Silver at 115,250 → Target 112,500 | SL: 115,700+ only if sustain
- Alternative Scenario: Buy above 112,500 → Target 114,300 | SL: 112,000
- Trading Zone: Buy at 113,250 | SL: 250 points
Silver is expected to trade within a broad range, with resistance near 115,300 and strong support at 112,500.
Market Takeaway
The failure of the Trump–Putin summit to produce a concrete deal has kept the market cautious. Traders should expect sideways consolidation in gold and silver, with selling opportunities prevailing unless fresh catalysts emerge.
