Gold and silver futures recovered slightly on Friday but posted steep weekly losses as hotter US inflation, a stronger dollar and rising bond yields heightened expectations of a Fed rate hike. Analysts see near-term pressure, while Indian wedding demand and central-bank buying may cushion gold.
Gold and silver futures recovered slightly on Friday but posted steep weekly losses as hotter US inflation, a stronger dollar and rising bond yields heightened expectations of a Fed rate hike. Analysts see near-term pressure, while Indian wedding demand and central-bank buying may cushion gold.
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