📈 Precious Metals Gold prices retreated on Thursday, easing back from record highs. This decline was primarily driven by profit-taking from investors. Reduced geopolitical risk also contributed to the lessened demand for the safe-haven asset. This followed a perceived softening of U.S. President Donald Trump's rhetoric concerning the Federal Reserve Chair and Iran. The downturn was mirrored across other precious metals, with silver, platinum, and palladium also recording price declines. Market focus now shifts to the release of key U.S. jobless claims data, which is anticipated to provide further signals on the health of the economy. ---