Gold gains, silver slips as oil prices rise, Fed rate hike expectations persist - Kitco AM Report - Kitco
Gold gains, silver slips as oil prices rise, Fed rate hike expectations persist - Kitco AM Report - Kitco
Source: Kitco
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DW NOTE
Gold isn't gaining on haven demand — it's down 22% from January's high while the Strait of Hormuz remains shut and oil sits near $100. The Fed holds rates at 3.75% not because policy is tight, but because a $1.9 trillion deficit won't let them cut without reigniting inflation. Silver's 50% collapse says more about metals sentiment than this headline does.