Gold and silver prices surged to record highs amid ongoing market volatility, driven by safe-haven demand and concerns over global trade tensions. The Japanese yen strengthened as investors speculated on potential Bank of Japan intervention and coordination with U.S. monetary policy. The U.S. dollar continued its decline against major currencies, while Trump's threat of 100% tariffs on Canada over a proposed China trade deal added to market uncertainty. These developments highlight shifting risk appetite and central bank dynamics impacting global markets.
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