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BlockBeats News, June 8th, according to Bloomberg Intelligence's Senior Commodity Strategist Mike McGlone, silver surged over 60% at one point in 2026, but as of June 5th, it has reversed its gains. In his latest analysis, he noted that this reversal may not only impact silver itself but could also exert transmission pressure on gold and broader risk assets.
From the chart he shared, the silver price experienced a significant turning point in the recent high range after years of cyclical fluctuations, swiftly retracing its year-to-date gains. This movement showed a certain synchronous relationship with inflation indicators and the risk asset cycle. McGlone believes that this shift in trend may suggest a weakening momentum in inflation trades and signal a certain "deflation comeback," thereby exerting potential pressure on risk assets such as stocks.
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