Gold and silver suffered heavy losses on Tuesday as rate-sensitive assets took a beating following Fed Chairman Powell’s hawkish comments at a congressional hearing.
Gold Prices Collapse as Powell Flags Risk of Higher Peak Rates, Silver Hammered
access_timeMarch 20, 2023
Latest:
- Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
- Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
- Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?
- Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Mar 07, 2023 when Wall Street traded near 32,870.10.
- FTSE Price Forecast: UK Stocks Rally as Markets Contemplate Overreaction
- Bitcoin climbs above $28,000 to a 9-month high as Treasury yields slide on bank crisis
- UBS shares reverse losses, Credit Suisse craters 55% after takeover deal
- UBS shares reverse losses, Credit Suisse craters 50% after takeover deal
- Oil Price Update: WTI and Brent Remain Under Pressure as Recessionary Fears Weigh
- First Republic continues tanking, but other regional banks are rallying on Monday
The leading Portal For Forex Education And News