Precious Metals

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Platinum prices have shown signs of steadiness this week, trading within a tight range around $2,150. This marks a shift from the previous weeks' pattern of strong rallies followed by quick pullbacks. Market participants are now focusing on dollar movements and economic indicators for potential triggers.

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Precious metals experienced a dramatic plunge on Friday, with silver dropping 35% and gold falling 12% from recent highs. Bitcoin remained relatively stable around $83,000 amid the volatility. The sell-off appears linked to President Trump's nomination of Kevin Warsh as Federal Reserve chair.

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