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Silver and Platinum futures fell from multi-decade high

From youtube.com/cmegroup

December Silver futures pulled back from a multi-decade high, falling over 2%. Platinum also saw a decline from a multi-year high, likely due to a government shutdown's potential impact on industrial demand. Unlike gold, which is supported by central bank buying, both silver and platinum are more influenced by industrial applications. This is reflected in the weakening 180-day correlation between gold and silver.

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  • Category: Fundamental Analysis