Gold and silver prices plunge due to strong dollar and fading Fed rate cut expectations

Gold and silver prices plunge due to strong dollar and fading Fed rate cut expectations

Gold fell sharply to $5,018/oz, while silver plunged 12% to under $80/oz, driven by a strong dollar and fading Fed rate cut expectations—but both metals remain up 17% YTD. While Middle East conflicts typically boost gold, the dollar’s surge made bullion more …

  • Gold fell sharply to $5,018/oz, while silver plunged 12% to under $80/oz, driven by a strong dollar and fading Fed rate cut expectationsbut both metals remain up 17% YTD.
  • While Middle… [+6241 chars]