Recent headlines show $XAU gold and silver have been slammed after news of a potential hawkish shift in Federal Reserve leadership — fueling USD strength and triggering heavy sell‑offs in metals markets. Gold and silver prices plunged sharply, wiping out gains as the dollar rallied and traders reevaluated precious metals positions amidst rising rate expectations. �
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Non‑yielding assets like $XAG are feeling the heat as stronger USD and higher yields make holding metals less attractive. This kind of macro shift could spell tougher times ahead for traditional hedges. 📉