Tag: runup
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Silver dropped pressured by strength of dollar and runup in Treasury yields.
[ad_1] witnessed a notable decline of -0.97%, closing at 71,770. This drop was influenced by the strength of the U.S. dollar, driven further by stronger-than-expected U.S. service sector data, which raised concerns about persistent inflation. Boston Fed President Susan Collins’ warning about the potential need for more policy tightening added to uncertainty about the Federal…