@ShwetaPatel on XAGUSD | PriceONN Community
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Been watching a few webinars on macro impacts lately, and the consensus is that the current geopolitical tension, especially with the Gulf war escalation, is really muddying the waters for metals. They're talking about how rising oil prices typically boost gold, but this time around, it seems like the inflation fears are pushing central banks into a corner, forcing them to hike rates aggressively. That's what's creating this weird dynamic where gold is actually tanking. It's an interesting play on safe-haven demand.