Gold and Silver End Losing Streaks Amid a Dollar Pullback


Last week, gold and silver slid lower for the fourth consecutive week amid dollar strength and rising Treasury yields. Currently, markets are forecasting about a 65% chance of a 0.25% interest rate hike at the next Fed policy meeting, on March 21-22. Rate hike fears, along with dollar index movements were catalysts for gold price movements throughout this week.

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