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Gold Falls as Oil Pushes Fed Rate-Hike Bets Higher 

Stacked gold and silver bars with an oil pumpjack silhouetted at sunset, representing the gold silver ratio today

A sharp drop in gold and an even sharper one in silver looked like classic Fed-driven selling today, but the real trigger was oil. Here’s the mechanism connecting crude prices to rate expectations, and why the thesis behind owning metal hasn’t changed.

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