Gold and silver sell off as inflation fears grip global markets
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Gold and silver joined a broad sell-off on Thursday, with the metals shedding 2% and 5.5%, respectively, as fears about the Iran war and inflation gripped global markets. At 5:36 a.m. ET, spot gold was down 2% at $4,718.60 an ounce. Front-month gold futures were down 3.8% at $4,709.90. Spot silver was 5% lower at $71.53 an ounce, while silver futures lost 7.7%, paring earlier losses to settle at $71.62. The moves in gold and silver come amid broader risk-off sentiment, which has seen global
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