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Market Impact: 0.3
Precious metals tumble despite falling yields as Hormuz tensions intensify
Source: kitco.com
Commodities & Raw MaterialsEnergy Markets & PricesGeopolitics & WarInflationMonetary PolicyInterest Rates & Yields
Spot gold and silver prices fell sharply in late U.S. trading Thursday as renewed Middle East tensions lifted crude oil prices. Higher oil reinforced inflation concerns and expectations for additional Federal Reserve tightening.
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