COMEX Gold Falls to $4,488.5, Silver Drops 2.55% on May 28 Amid Geopolitical Tensions

GateNews
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According to Nanhui Futures research, COMEX gold and silver declined on May 28 amid Middle East tensions and elevated short-end U.S. Treasury yields. Gold 2608 contract closed at $4,488.5 per ounce, down 1.03%, while silver 2607 contract fell to $74.885 per ounce, down 2.55%. Persistent geopolitical uncertainty and strong U.S. equity markets continued to limit inflows to precious metals.
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