Gold and silver futures trade just shy of the highest level in a year on Thursday as a weaker U.S. dollar and expectations that the Federal Reserve may cut interest rates this year have boosted precious-metals prices.
Price action
Market drivers
After briefly touching their highest levels in more than a year earlier in the week, gold and silver are still holding strong following a spate of U.S. inflation data and minutes from the Federal Reserve’s March meeting showing Fed staff expect a mild recession…
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