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Top Metals Update: Gold and Silver Rise as U.S. Rate Cut Expectations Strengthen
Gold and silver rebounded sharply in November as weak U.
Precious metals closed November on a strong footing after volatile mid month swings, supported by soft U.S. labour data and growing expectations of additional Federal Reserve rate cuts. Improved sentiment helped reverse earlier declines, pushing Comex gold above the key $4,200 level to settle at $4,256.4, marking a 6.05% monthly gain.