Gold dips further, silver at $68.50
Gold prices declined amid anticipation of inflation data and the possibility of interest rate hikes in the United States exceeding 70% by December. Spot gold contracts dropped to $4,325 per ounce, while silver prices reached $68.50 per ounce. Meanwhile, it is expected that the Federal Reserve will keep interest rates unchanged throughout 2026 and postpone any cuts until 2027.
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