Gold and Silver Sink as Real US Bond Yields Hit Near-Record Highs - BullionVault
Source: BullionVault
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DW NOTE
The Fed hiked into a shooting war and closed strait, and real yields jumped high enough to break gold's war premium. That's the state flexing the curve while it still can — before the deficit math catches up or the Hormuz deal falls apart.
Bitcoin fell 0.4% to around $79,700 since midnight UTC while Asian tech stocks rallied. The DeFi index dropped 1.8%, and the Fed is set to begin a two-day meeting.
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The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu