#Gold & #silver are down again as war escalates, sending oil prices higher and peace further away. But continued war means a weaker economy, bigger budget deficits, higher inflation, higher nominal interest rates but falling real rates, all of which are bullish for precious metals.

$XAU

XAU
XAUUSDT
4,183.97
+2.30%

$XAG

XAG
XAGUSDT
66.81
+4.44%

#IranHaltsCommunicationWithUS #IranBlocksHormuzStrait