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#PreciousMetalsPullBackUnderPressure
Global markets and precious metals have recently been struggling to maintain their upward momentum. The decline observed in metals such as gold and silver is shaped by a combination of rising US dollar index, changing interest rate expectations, and risk appetite volatility.
Specifically, strong macroeconomic data from the United States has boosted expectations that interest rates may remain elevated for a longer period, putting pressure on precious metals. Higher interest rates increase the opportunity cost of holding non-yielding assets, prompting invest