Gold, Silver Face Rising Yields and Stronger Dollar - SD Bullion

Gold, Silver Face Rising Yields and Stronger Dollar - SD Bullion

Source: SD Bullion

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DW NOTE

Gold is down 22% from January and silver down 47% while the Strait of Hormuz sits blocked, Russia batters Ukrainian infrastructure ahead of winter, and producer prices run at 5.4%. Investors are choosing nominal yield over physical metal in the middle of a supply shock. That bet assumes the institutions issuing those yields will still exist to honour them.

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