Gold and Silver Futures Extend Losses as Oil Fuels Rate Concerns
Gold and silver futures accelerate losses as rising oil prices raise inflation concerns and expectations of higher interest rates. DHF Capital’s Bas Kooijman says tighter monetary policy weighs on non-yielding assets.
Gold and silver futures accelerate losses as rising oil prices raise inflation concerns with implications of higher interest rates. "Expectations of tighter monetary policy continue to weigh on the non-yielding asset," Bas Kooijman of DHF Capital says ina note. "Firmer oil prices are compounding th…