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Gold and silver prices plunge over 10% amid inflation fears and rising interest rates.

Market News
15 May 2026
Forbes
View Source
Bearish
pluang ai news

Gold and silver prices dropped sharply on Friday, with silver falling over 10% and gold down more than 3%, reversing recent gains that had pushed silver to a two-month high. Analysts attribute the decline to rising inflation fears, expectations of higher interest rates by the Federal Reserve, and a stronger US dollar, all of which typically pressure precious metals prices. Despite recent volatility, some experts remain optimistic that gold and silver could reach new all-time highs later this year once geopolitical tensions ease. Meanwhile, oil prices rose over 2%, continuing their inverse relationship with metals during recent conflicts.

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