Gold prices drop: Why margin calls beat war fears
Gold sits 7% below its start as CME margin hikes forced liquidations, proving rate mechanics now override geopolitical risk for traders.
Gold sits 7% below its start as CME margin hikes forced liquidations, proving rate mechanics now override geopolitical risk for traders.
Money markets price 35 basis points of Fed tightening by year-end, stalling EUR/USD near 1.1400.
Spot gold slips 0.5% to $4,007.95 amid hawkish signals. Learn how rising opportunity costs punish non-yielding holdings in this macro shift.