Gold prices have fallen during nine of the last ten trading sessions.
Gold weakened for a fourth day on Thursday as expectations for aggressive action by the Federal Reserve diminished the precious metal’s luster. Silver prices also softened, heading for their third straight day of declines.
Both metals have weakened this week as U.S. stocks have sold off while the U.S. dollar has strengthened. “Jerome Powell is hanging around with his European counterparts and the discussion du jour is inflation and what to do with it.”
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