Gold and silver face sharp declines as commodity index rebalancing triggers billions in futures sales. Citigroup estimates $6 ...
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Gold, silver climb after Fed decision
1536 ET – Gold and silver futures strengthened after the Federal Reserve trimmed rates by a quarter-point. The central back signals that no additional cuts may be coming. This could make safe-haven ...
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Precious Metals Jump After Government Closes
1530 ET – Investors flocked into precious metal futures in the wake of the U.S. government shutdown and the ADP jobs report showing a decline in jobs instead of the expected uptick. Both factors have ...
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