Precious metals under pressure as higher interest rate outlook dents sentiment

Precious metals under pressure as higher interest rate outlook dents sentiment

Gold and silver prices experienced a significant slump on Monday, with gold futures dropping 5.6% and silver falling 11%. This decline occurred despite escalating West Asia conflict, as rising inflation fears and expectations of higher global interest rates o…

Kolkata: Gold and silver prices slumped further on Monday as rising inflation fears and expectations of higher global interest rates outweighed any safe haven bets amid the intensifying West Asia con… [+3281 chars]
Precious metals under pressure as higher interest rate outlook dents sentiment - FHMnews