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Market Impact: 0.2
Precious metals weaken as Hormuz uncertainty keeps oil elevated ahead of Fed decision
Source: kitco.com
Commodities & Raw MaterialsInterest Rates & YieldsMonetary PolicyGeopolitics & WarEnergy Markets & Prices
Spot gold and silver prices were lower in early U.S. trading Tuesday. Persistent expectations for additional Federal Reserve tightening and uncertainty over Middle East energy supplies weighed on precious metals; the article gives no price changes or market magnitudes.
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mildly negative
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