Tag: Silver
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Gold prices slip from record highs on profit taking; Powell’s hawkish tone weighs
Gold prices slipped from record highs in Asian trading on Thursday as investors locked in profits at peak levels, while sentiment was also dented by hawkish comments from U.S. Federal Reserve Chair Jerome Powell. As of 03:40 ET (07:40 GMT), Spot Gold fell 0.7% to $3,320.56 per ounce, while Gold Futures expiring in June lost 0.4% to $3,334.61 an…