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Gold and Silver Rebound as Soft ADP Jobs Data Eases Fed Hike Fears

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

News Summary

  • Hycroft Mining jumped over 7% on senior board appointments and rising precious metals prices.
  • Weaker-than-expected ADP private payrolls sparked market speculation that the Federal Reserve may ease off interest rate hikes, giving gold and silver a short-term boost.
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XAUUSD price history

4408.90 -4.49% over the displayed period

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