Gold & Silver Crash Explained
Why are gold and silver falling? Here's the breakdown:
Interest rates rise → Bonds & FDs yield more, gold & silver lose appeal.
Dollar strength → Gold & silver priced in dollars, so prices drop as the dollar grows stronger.
Profit-taking → Traders sell after a rapid price rise.
Silver drops faster → As factories slow down, demand for silver falls more than gold.
Gold falls when money shifts to banks & stocks; silver crashes harder.
Stay informed! 📉
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