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All Things Gold: Silver Outperforms in Quiet Trading Week
1 year ago
10
A very quiet week for markets as the US thanks giving takes trading volume out of the market. Gold manages to close above $2,000/oz this week as the US Dollar weakens. The Federal Reserve meeting minutes showed nothing new regarding monetary policy which has increased bets that the Fed will reduce rates by April 2024. Gold likely to benefit should the US Dollar index continue to fall
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