Episode Details

Metals plummeted in a risk-off selloff, driven by war-fueled US inflation and anticipation of higher interest rates. Gold dropped by 3.4% and silver by 7.1%, while industrial metals like copper fell by 2.5%. The Strait of Hormuz crisis exacerbated inflation fears, with US wholesale prices surging and consumer inflation jumping. Analysts predict gold will remain pinned down short-term, with a target of $6,000 by mid-2027. Spot gold is currently at $4,560.48, silver at $78.50, and the dollar index up 1% this week, setting the stage for further pressure.

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