🚨 Gold Extends Losses After Worst Quarter in 13 Years
🥇 Gold slipped below $4,000/oz after recording its worst quarterly performance since 2013, as higher-for-longer interest rate fears continue to pressure precious metals.
📊 Market Snapshot:
📉 $XAU Gold Futures: $3,989
📉 Spot Gold: $3,975
📉 $XAG Silver: $57.8 (-3%+)
⚠️ Why the sell-off?
✅ Rising Fed rate expectations
✅ Higher Treasury yields
✅ Stronger U.S. dollar
✅ Reduced demand for non-yielding assets
🌍 Despite the correction, long-term fundamentals remain supportive:
🏦 Central banks continue accumulating gold
💰 De-dollarization trends remain intact
📈 Major asset managers still view gold as a key portfolio hedge against inflation and geopolitical risks.
📉 Short-term pressure.
📈 Long-term opportunity?
#OilPriceFalls #KoreanWonWeakestSince2009 #CircleRemovedFromRussellGrowthIndexes #StreamerClub #Write2Earn
🥇 Gold slipped below $4,000/oz after recording its worst quarterly performance since 2013, as higher-for-longer interest rate fears continue to pressure precious metals.
📊 Market Snapshot:
📉 $XAU Gold Futures: $3,989
📉 Spot Gold: $3,975
📉 $XAG Silver: $57.8 (-3%+)
⚠️ Why the sell-off?
✅ Rising Fed rate expectations
✅ Higher Treasury yields
✅ Stronger U.S. dollar
✅ Reduced demand for non-yielding assets
🌍 Despite the correction, long-term fundamentals remain supportive:
🏦 Central banks continue accumulating gold
💰 De-dollarization trends remain intact
📈 Major asset managers still view gold as a key portfolio hedge against inflation and geopolitical risks.
📉 Short-term pressure.
📈 Long-term opportunity?
#OilPriceFalls #KoreanWonWeakestSince2009 #CircleRemovedFromRussellGrowthIndexes #StreamerClub #Write2Earn