Dallas FED

Gold and silver stayed under pressure in early Asian trading as a stronger US dollar and tighter policy risks weighed on sentiment. Traders are watching the US jobs report for the next signal, with gold near $4,150 and silver around $60.40.

Dallas Fed economists estimate that tokenized deposits could reduce U.S. banks’ capacity to absorb long-term interest-rate risk by about $700 billion if depositors become more rate-sensitive. The concern is that programmable deposits, instant settlement and AI agents could make bank funding less stable and more expensive.