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Silver Surges Near Two-Month High as US Debt Buybacks Weaken Dollar

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The Story

News Summary

  • Silver rallied near two-month highs above $69/oz as US Treasury debt buybacks lowered bond yields and weakened the US dollar.
  • Revived concerns over US fiscal sustainability and potential further buybacks continue to drive the debasement trade, supporting strong demand for precious metals.
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64.63 -29.91% over the displayed period

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