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Gold Hits Record, Silver at Multi-Year High, Lifting Precious Metal Producers Higher
Gold climbed to a record and silver advanced as the dollar weakened, boosting the investment appeal of precious metals and curbing the cost of acquiring these physical assets for holders of other currencies.
Silver Breaks Above $30/oz Milestone, Poised for Best Settlement in 11 Years
Gold and silver join hands with platinum to “go wild”! Is the hot market that belongs to them unfinished?
The strategists said there is still room for further growth in gold, silver, and platinum! Precious metals prices rose sharply on Wednesday. The lower than expected CPI inflation data released by the US and the successive increase in the number of initial jobless claims brought back expectations of the Federal Reserve's interest rate cuts.
Commodity Roundup: Oil Could Hit $100/bbl If OPEC+ Extends Output Cuts - ANZ
Gold Stabilizes After Strong Rally Following US Data
Gold price steadies after rallying after the release of US data that changed the outlook for interest rates, a key factor for Gold.
Silver Surges to Highest Settlement in 11 Years, Gold Jumps as U.S. Inflation Cools