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Posted by
Two Blokes Jul 10 -
Filed in
Forex
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Silver (XAG/USD) appreciated on Thursday, with precious metals drawing support from a somewhat weaker US Dollar, as Treasury yields dropped on the back of dovishly tilted FOMC minutes and a strong auction of US bonds on Wednesday. The minutes of the last Federal Reserve meeting confirmed a deep divergence within the committee, with most members foreseeing at least one rate cut before the end of the year.
