COMEX Gold Slips Below $4,800 as Silver Crashes 10%
COMEX Gold prices slipped below the key psychological level of $4,800 per ounce, while silver prices crashed nearly 10%, sending shockwaves through global commodity markets. The sharp sell-off reflects a mix of a stronger US dollar, rising bond yields, shifting expectations around interest rate cuts, and heavy profit booking after a strong rally in precious metals.
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