Gold is a hedge against a policy mistake

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.

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