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December 12, 2024

Gold and Silver Flourish as Fed Rate Cuts and Inflation Surge

Gold remains stable at $2,716 as the Federal Reserve hints at potential rate cuts. Meanwhile, silver shines, jumping to $32.15 fueled by strong safe-haven demand and industrial support. Precious metals appear poised for upward movements as inflationary pressures persist. Investors should remain vigilant regarding policy updates from the Fed and market dynamics that could influence these metals. This environment presents significant trading opportunities for those engaged in the commodities market.

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