The Economic Times

Silver and gold ETFs fall up to 6% amid rising crude prices and fading rate cut bets. Is this a buying opportunity?

Silver and gold ETFs saw significant drops of up to 6% on Monday as surging energy prices and geopolitical tensions dampened expectations of near-term U.S. interest rate cuts. Rising inflation concerns and a strengthening dollar have also weakened gold's safe-haven appeal, with experts advising investors to buy on dips for long-term diversification.