Is Fed about to make a mistake? Here's what gold is saying
(Kitco News) Gold and silver hit two-month highs this week, while the crypto market suffered major losses, with bitcoin plunging below $35,000.
To explain all of this, analysts pointed to rising U.S. treasury yields triggered by an aggressive Federal Reserve. Markets are now pricing in four rate hikes and a balance sheet runoff this year. Here's a look at Kitco's top three stories of the week: