A “transitorily” hawkish Fed, which saw the market’s Fed rate change expectations tighten by 13bps, has prompted dollar gains and sparked selling in the precious metals.
And as the dollar rallied, gold sank…
Holding (for the second time in just over a week) at its 200DMA…
At the same time, Silver has dropped to its lowest since 12/3/18…
via ZeroHedge News http://bit.ly/2PIMHn8 Tyler Durden