Silver leads metals higher as dollar strength caps gold after Fed rate repricing - Kitco PM Report - Kitco
Silver leads metals higher as dollar strength caps gold after Fed rate repricing - Kitco PM Report - Kitco
Source: Kitco
―
DW NOTE
The Fed raises rates into a 6% oil supply shock and gold falls 17% from its highs. Either the market believes the Strait will reopen tomorrow, or it has priced a supply crisis as if it were a quarterly earnings miss. Oil down 19% while Iran holds the chokepoint isn't risk-off — it's delusion with a bid.