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Powell Signals Easing Inflation, Gold and Silver Rebound on July 1

2026-07-02 10:59:11

XAG1.72%

According to a note from Jin Rui Futures, on July 1, Fed Chair Powell signaled easing inflation pressures, triggering a rebound in gold and silver prices. However, sustained buying pressure in precious metals remains limited, with markets awaiting today's nonfarm payroll data to gauge policy direction.

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