Money market, which has an inverse relationship with the bullion, reacted positively to the projections, with yields on two-year Treasuries soaring by 14 basis points to 4.19%.
Gold and silver prices declined significantly following the US Federal Reserve's latest dot plot, which indicated a potential interest rate hike. Gold fell over 2%, while silver slumped to $66. The money market reacted positively to these projections, with two-year Treasury…
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