Pressure Rises on Gold and Silver Amid Hawkish Fed Signals

In the wake of increasingly hawkish comments from the US Federal Reserve, the prices of precious metals like gold and silver have come under significant pressure. The market is starting to anticipate a more aggressive stance on monetary policy, which has historically been a detriment to the value of hard assets like gold and silver. However, some analysts maintain that the long-term picture for such metals still remains supportive, given the broader inflationary pressures in the economy. Despite this, short-term price dynamics will likely continue to be dictated by Fed-speak and the interest rate outlook. Read More