Gold and Silver Sit on Support With a Steep Drawdown Below - FOREX.com
Gold and Silver Sit on Support With a Steep Drawdown Below - FOREX.com
Source: FOREX.com
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DW NOTE
Gold is down 21% from January's high while the Strait of Hormuz sits effectively closed and oil trades near $100. If physical supply disruption and elevated Treasury yields can't hold gold at support, the metal is pricing the Fed's credibility, not the world's instability.