🚨 Precious metals are roaring back hard
Gold ( $XAU ) and silver ( $XAG ) have staged a powerful rebound after Federal Reserve Chair Kevin Warsh said inflation risks have eased, fueling hopes that the Fed could adopt a more accommodative stance sooner than markets had expected.
Gold surged 3.7%, adding an estimated $1.05 trillion in market value. Silver climbed 6%, adding roughly $200 billion to its market cap.Combined, the precious metals market has gained more than $1.25 trillion in just six hours.
Investors are interpreting Warsh's comments as a sign that inflation pressures may finally be easing, increasing expectations that the Fed could shift toward a less restrictive policy sooner than previously anticipated. That has sparked fresh demand for traditional safe haven assets like gold and silver.
Trade 👇
SpotSilverRises3%To$60.10
Gold ( $XAU ) and silver ( $XAG ) have staged a powerful rebound after Federal Reserve Chair Kevin Warsh said inflation risks have eased, fueling hopes that the Fed could adopt a more accommodative stance sooner than markets had expected.
Gold surged 3.7%, adding an estimated $1.05 trillion in market value. Silver climbed 6%, adding roughly $200 billion to its market cap.Combined, the precious metals market has gained more than $1.25 trillion in just six hours.
Investors are interpreting Warsh's comments as a sign that inflation pressures may finally be easing, increasing expectations that the Fed could shift toward a less restrictive policy sooner than previously anticipated. That has sparked fresh demand for traditional safe haven assets like gold and silver.
Trade 👇
SpotSilverRises3%To$60.10