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Silver Rides Fed’s Rate Hesitation | Business and Finance News
Description
Silver futures rally slightly above $60 as markets brace for the June jobs report, with Fed Chair Kevin Warsh signaling easing inflation concerns and a less than 30% chance of a rate hike — but a strong labor market could keep rates elevated, limiting silver’s upside. Prices are up 2.3% weekly but down 21% monthly, though still up a massive 66.1% year-over-year.
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