High interest rate expectations triggered a sell-off in precious metals! Silver plunged 9% in a single day, breaking below the $80 mark.

① Gold prices fell to a more-than-one-week low on Friday, with silver prices plunging below the $80 per ounce threshold; ② The yield on the US 10-year Treasury bond and the US dollar both strengthened. Inflation concerns fueled by escalating conflicts in the Middle East have reinforced market expectations for higher interest rates, weighing down precious metal prices.

cls.cnMay 16 03:38

What happened to cause significant volatility in the Japanese and Korean stock markets as well as in gold and silver?

Analysts pointed out that two major factors triggered the global market decline.

Securities DailyMay 15 16:47

Express News | The United States has rejected Iran's written proposal to end the war.

BreakingsMay 15 16:08

With Powell's term ending, the 'Wash Era' begins at the Federal Reserve! The combination of 'balance sheet reduction and new inflation framework' is gaining momentum, posing a stress test for the U.S. stock market bull run?

If Washio pushes for deleveraging the Fed's balance sheet, it would equate to reducing the central bank’s absorption of long-term U.S. Treasuries and mortgage-backed securities (MBS). The market would need to absorb more duration supply, potentially leading to an increase in term premiums.

Zhitong FinanceMay 15 12:13

Trump: Pressuring Iran to hand over enriched uranium is 'more for public relations,' and not really necessary.

Trump made another surprising statement: forcing Iran to hand over highly enriched uranium is 'more for public relations,' but he still threatened to 'use bombs' to prevent Iran from getting closer. He also insisted that the United States 'does not need at all' the Strait of Hormuz, and that military actions were helping other countries.

Golden10 DataMay 15 11:57

Express News | U.S. President Trump: We do not need to secure the Strait of Hormuz; we will no longer exercise excessive patience with Iran. Iran's enriched uranium can be sealed, but I would prefer it to be removed. Obtaining Iran's enriched uranium is more of a public

BreakingsMay 15 09:32