US gold, silver bounce early, inflation data helps

Newswire

NEW YORK, June 28 (Reuters) - U.S. gold and silver futures rebounded early on Thursday on physical buying and short covering, as data showed that inflation pressures were stronger than expected. Analysts, however, said that some investors could be on the sidelines as the market focused on the outcome of a Federal Reserve meeting and because of a lack of strong bounce following a sell-off earlier this week. "We are seeing that physical buying has stepped up and the volume of selling has ...

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