🚨 Gold & Silver Drop as U.S.-Iran Strikes Raise Fed Rate-Hike Fears
📉 Precious metals fell sharply after fresh U.S.-Iran strikes pushed energy prices higher and revived concerns that the Federal Reserve may keep interest rates elevated.
📌 Key moves:
🔻 Spot gold fell as much as 1.6%, testing the $4,050/oz level
🔻 Silver dropped as much as 3.1%
🔺 Higher oil prices are fueling inflation concerns
🔺 Treasury yields and the U.S. dollar strengthened
👀 Traders are now focused on U.S. CPI data and Fed Chair Kevin Warsh’s congressional testimony, which could determine the next move for gold and silver.
Trade Here 👉 $XAU | $XAG | $PAXG
#BinanceTurns9 #TSMCJuneRevenueUp67.9%YoY #ZcashRises1190%OverPastYear #StreamerClub #Write2Earn
📉 Precious metals fell sharply after fresh U.S.-Iran strikes pushed energy prices higher and revived concerns that the Federal Reserve may keep interest rates elevated.
📌 Key moves:
🔻 Spot gold fell as much as 1.6%, testing the $4,050/oz level
🔻 Silver dropped as much as 3.1%
🔺 Higher oil prices are fueling inflation concerns
🔺 Treasury yields and the U.S. dollar strengthened
👀 Traders are now focused on U.S. CPI data and Fed Chair Kevin Warsh’s congressional testimony, which could determine the next move for gold and silver.
Trade Here 👉 $XAU | $XAG | $PAXG
#BinanceTurns9 #TSMCJuneRevenueUp67.9%YoY #ZcashRises1190%OverPastYear #StreamerClub #Write2Earn