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Oil Surges Near $100 on Middle East Strikes as Silver Holds Steady Ahead of Fed

Yahoo Personal Finance Read original source (opens in a new tab)
The Story

News Summary

  • Silver futures held near $66.50 as US-Iran clashes pushed Brent crude toward $100 per barrel.
  • Elevated oil prices stoked inflation worries ahead of the FOMC meeting, where markets price in a 60% chance of a rate hike, creating headwinds against precious metal safe-haven demand.
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