Gold, silver prices hold weekly gains as oil drops, yields return to 5% - Kitco PM Report - kitco.com
Gold, silver prices hold weekly gains as oil drops, yields return to 5% - Kitco PM Report - kitco.com
Source: kitco.com
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DW NOTE
The 10-year yield is back at 5% — two days after the Fed raised rates for the first time since 2023 — and oil is down 15% from recent highs despite the Strait of Hormuz moving eight ships instead of eighty-five. Gold holds a weekly gain while trading 17% below January's peak. That's not a flight to safety, that's a market pricing in either imminent reopening or sustained demand destruction.