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Gold rises, silver falls as strong bond auction tempers yield pressure

Source: kitco.com

Commodities & Raw MaterialsInterest Rates & YieldsInflationMonetary PolicyCommodity Futures
Gold rises, silver falls as strong bond auction tempers yield pressure

Spot gold was firmer while spot silver was lower in late U.S. trading Thursday. A strong 30-year Treasury auction helped yields retreat from morning highs, while surging oil kept inflation concerns and the risk of year-end Fed tightening in focus.

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