Gold and silver have witnessed sharp swings this year, as a result of a few major fundamental changes like, central bank policies, geo-political uncertainties, debate between hard & and soft landing, higher buying interest in riskier assets and volatility in Dollar Index & Yields.
Banks are facing a lot of risks right now but the danger lies in rising interest rates rather the collapse of SVB, the head of a finance industry group warns.
The Fed could hike interest rates another 3 times this year to cool inflation, Goldman Sachs's chief economist says, which might spell trouble for stocks.