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Gold & Silver Market News — May 16, 2026, 16:10–20:10 UTC

May 16, 04:10 PM - 08:10 PM UTC

Shifts in Global Trade Policy

An agreement has been reached between the United States and China to lower tariffs on a selection of goods, according to a statement from China's Commerce Ministry. This move signals a potential de-escalation in trade friction between the world's two largest economies.