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Gold, silver, and bitcoin prices fall sharply as markets brace for Fed rate hikes.

Market News
24 Jun 2026
Coindesk
View Source
Bearish
pluang ai news

Gold and silver prices have dropped significantly from their 2025 highs, with gold down 28% and silver over 50%, as markets anticipate two Federal Reserve rate hikes by March 2027. This shift marks a reversal from the previous 'debasement trade' narrative where investors expected currency value erosion due to fiscal deficits. Bitcoin has also corrected, falling 50% from its peak, but has outperformed precious metals since February. Despite these declines, all three assets lag behind U.S. equities, which continue to gain momentum in sectors like semiconductors.

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