#Gold and #silver were both lower overnight, with July silver making a new low for the week.
The markets' inability to hold a CPI-inspired rally on Wednesday hints at a lack of conviction in the bull camp.
However, the bear camp is probably in fear of #inflation continuing to ease, as today's US #PPI report is expected to register a slower inflation rate than #CPI.
Furthermore, the #dollar failed to fall sharply enough to offset disappointment from the lack of a hot US inflation reading...[MORE]
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