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Silver has pulled back a bit on Thursday only to find buyers jumping back into the space. That being said, this is a very volatile market and will remain so.
Traders and global investors increased their hedging bets against the weakening U.S dollar amid renewed emphasis on a US Covid-19 stimulus package deal.
Consumer prices may be showing muted inflation pressures as the world continues to feel the effects of the COVID-19 pandemic but a major inflation threat is looming on the horizon according to one chief economist.