Gold and Silver Stock Prices Are Plummeting: Here’s Why

Gold traders will pay close attention to key economic indicators, including weekly jobless claims and the gross domestic product. Rising U.S. interest rates tend to push gold prices down since investors find other assets more attractive when returns rise. In the face of extreme political or economic uncertainty, gold is often seen as a safe-haven investment. Recently, however, investors have grown concerned that strength in the U.S. dollar and rising bond yields are hurting the value of gold. 

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