Gold and silver prices fell again on 29 June, driven by Middle East tensions and inflation concerns. Comex gold futures dropped to an intraday low of $4,012, while silver fell to $57.84, marking a significant downturn for both metals amid rate hike fears.
Gold and silver prices experienced a significant fall on June 29, primarily due to escalating Middle East tensions and ongoing inflation concerns. Comex gold futures dipped to $4,012, while silver also saw a notable drop to $57.84, driven by fears of potential Fed rate hikes.
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