Gold and silver rally as CPI cools Fed-rate pressure - Kitco AM Report - KITCO

Source: KITCO

―

DW NOTE

Gold fell 24.2% from its January peak, silver dropped 49.2%, and the Strait of Hormuz has been closed for 138 consecutive days — yet Kitco frames this as a CPI-driven rally. With WTI still 27% below its one-year high despite a 138-day blockade of 20% of global oil flows, the story isn't cooling inflation pressure, it's that crisis premiums evaporated faster than the crises themselves.

Read the full story at KITCO →