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Fed's 'Higher for Longer' Fails to Dampen Precious Metals


Commodities faced a minor decline last week due to hawkish moves by the FOMC and other market corrections. Despite rising bond yields, silver and other precious metals unexpectedly rose, possibly as a hedge against the FOMC’s uncertain outcomes, whether that’s a soft landing, hard landing, or stagflation.


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Wealthfargo
Wealthfargo

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