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Silver (XAGUSD) Tumbles 1.1% as Rate Hike Bets Surge on Oil-Driven Inflation

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Silver (XAGUSD) fell 1.1% as rising oil prices and inflation concerns drove up Treasury yields and interest rate hike expectations, weakening demand for non-yielding precious metals.
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XAGUSD price history

64.03 -27.31% over the displayed period

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