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The Economic Times

Business

Surbhi Khanna

Gold, silver ETFs crash up to 8% as US Fed rate hike expectations climb. What should investors do?

Gold silver US Federal Reserve ETF United States Kevin Warsh Rajesh Minocha MCX

Gold and silver ETFs fell nearly 8% on Monday as gold and silver prices opened sharply lower on the Multi Commodity Exchange (MCX), extending their losses for a fourth consecutive session. The sell-off came after US Federal Reserve Chair Kevin Warsh’s comments raised expectations of higher interest rates.

Gold ETF price

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