
Gold drops: concern or healthy pause?
Gold and silver bulls took their profits and ran, triggering the sharpest pullback across precious metals in months. Gold dropped over 5% and silver nearly 7% before dip buyers returned, but questions remain: is this just a breather—or the start of something bigger? The selloff was fueled by easing US–China trade tensions, a rebound in the US dollar and overbought speculative positioning, but the broader story remains... the same!
Meanwhile, oil prices are staging a modest recovery, US yields slipped below 4% and investors are bracing for the Federal Reserve’s (Fed) much-anticipated rate cut next week by closing short positions....