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via seekingalpha.comMarkets

Gold falls to 11-week low; silver slumps to lowest close this year

FROM THE WIRE · SEEKINGALPHA.COM

Gold futures fell to their lowest level in two-and-a-half months and silver sank to its worst settlement since November as higher oil prices prompted inflation concerns.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishHigher oil prices fueled inflation concerns, weighing on precious metals.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Gold futures fell to their lowest level in two and a half months.
  2. 02Silver sank to its worst settlement since November.
  3. 03Higher oil prices prompted inflation concerns, according to the report.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
GoldCOMMODITY:GOLDCommodity4,044.90 USD+0.12%today -0.38%Negative SilverCOMMODITY:SILVERCommodity54.63 USD-0.05%today -0.68%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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