Gold And Silver Fall As Rising Interest Rates Dampen Sentiment ...Middle East

Rising interest rates tend to dampen investor sentiment toward precious metals. Gold and silver typically act as a store of value, particularly during periods of high inflation. Therefore, the Fed’s half-point interest rate increase can largely be blamed for recent price weakness. In essence, the market has priced in the policies deployed by the Fed. During times of uncertainty, gold and silver are considered safe-haven assets. In this case, the ongoing conflict in Ukraine, stubbornly high inflation, and the VIX (volatility index) are providing…

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