Gold and silver prices witnessed a significant surge on Friday, driven by shifting global market sentiments. The rally comes as investors scaled back expectations of future US Federal Reserve interest rate hikes following softer-than-expected U.S. nonfarm payrolls data. This cooling economic indicator has put global gold on track for its first weekly gain in five weeks.
Gold prices recorded their steepest one-day decline in months on Wed as investors reacted to growing tensions between the US and Iran
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