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Silver drops 3% as investors reassess Fed policy outlook ahead of key US labor data
Chronology
Gold tumbles 2.5% to two-week low as global yields rise, US Fed rate-hike bets mount
Three-day decline is on pace for the longest losing streak since early July
Reduced historical snapshot.
Gold falls 2% as rising Treasury yields dampen demand
Silver drops 3% as investors reassess Fed policy outlook ahead of key US labor data
Reduced historical snapshot.
Earlier on MacroDigest
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- Gold Holds Two-Day Gain on Reduced Rate-Hike Expectations
- Gold Holds Two-Day Gain on Reduced Rate-Hike Expectations
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- Gold gains on weaker dollar, reduced Fed rate-hike bets
- Gold gains on weaker dollar, reduced Fed rate-hike bets
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- Gold gains on weaker dollar, reduced Fed rate-hike bets
- Gold gains on weaker dollar, reduced Fed rate-hike bets