Metals & Mining #gold#silver
Gold falls over 2%, silver drops nearly 4% as rising oil prices fuel inflation and rate concerns
Gold prices declined over 2% and silver fell nearly 4% as rising crude oil prices revived inflation worries, prompting expectations that central banks may maintain restrictive monetary policies. According to The Times of India, higher oil costs have reduced the appeal of non-yielding assets like precious metals amid heightened rate hike fears.
Jul 24, 2026 1 source