Tag: SIK23
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Gold rebounds a day after dipping below $2,000 per ounce
[ad_1] Gold futures advanced Tuesday after back-to-back losses saw prices briefly dip below $2,000 an ounce a day earlier, for the first time in a week. Price action Gold for June delivery GC00, +0.68% GCM23, +0.68% climbed by $5.60, or 0.3%, to $2,012.60 an ounce on Comex. May silver SI00, +0.94% SIK23, +0.94% traded at…
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Gold and silver trade near highest in a year as Fed rate-cut expectations persist
[ad_1] Gold and silver futures trade just shy of the highest level in a year on Thursday as a weaker U.S. dollar and expectations that the Federal Reserve may cut interest rates this year have boosted precious-metals prices. Price action Market drivers After briefly touching their highest levels in more than a year earlier in…