Explaining the Sudden Collapse of Gold and Silver Prices

In a surprising turn of events, gold and silver prices have seen a sudden collapse. This unexpected shift could be attributed to several factors. First, the global economy recovering quicker than predicted post the pandemic turbulence could have caused investors to switch from precious metals to more rewarding assets. Additionally, the rising strength of the US dollar and the anticipation of interest rate hikes by central banks worldwide may have contributed to this situation. Whatever may be the cause, the aftermath of this collapse is expected to have a significant impact on investors and the worldwide economic environment. Read More