Markets Brace for Trump-Xi Meeting Ahead of Expected Major Volatility

Global financial markets are living through an uneasy calm before the storm, amid intense anticipation of an upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping, set against escalating trade and geopolitical tensions between the world's two largest economies.

Traders and investors are closely monitoring movements in gold, silver, and U.S. dollar prices, as analysts believe any statements or decisions to emerge from the meeting could trigger sharp waves of volatility across markets.

Compounding the picture is the question of the U.S. Federal Reserve chairmanship, with markets tracking any developments related to the position of head of the U.S. central bank — a pivotal factor in determining the course of monetary policy and, by extension, the trajectory of gold and major currencies in the period ahead.