Gold, silver rally as CPI cools but oil keeps Fed risk alive - Kitco AM Report - KITCO
Gold, silver rally as CPI cools but oil keeps Fed risk alive - Kitco AM Report - KITCO
Source: KITCO
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DW NOTE
The Fed has held rates unchanged at 3.5–3.75% while crude shipping costs have hit $29 million per Gulf-to-Asia cargo and the Strait of Hormuz remains effectively shut. If oil is a Fed risk now, it was already a Fed risk six weeks ago — the difference is that Treasury holders finally noticed.