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Spot silver fell about 3% intraday to $63.40/oz; spot gold dropped 2.6%.

2026-06-10

Spot silver fell about 3% intraday to $63.40/oz; spot gold dropped 2.6%.

Other News
2026-06-10

May US CPI showed headline inflation at a three-year high but core prices rose more modestly, reducing near-term Fed rate-hike pressure. Today’s CPI and tomorrow’s PPI will influence the Fed’s stance ahead of next week’s policy meeting. Before the CP

May US CPI showed headline inflation at a three-year high but core prices rose more modestly, reducing near-term Fed rate-hike pressure. Today’s CPI and tomorrow’s PPI will influence the Fed’s stance ahead of next week’s policy meeting. Before the CPI print, CME FedWatch priced a 70% chance of a hike by end-2026; markets now see a rate move next week as highly unlikely and put the probability of a July hike at 13%. Near-term focus is whether the Fed will explicitly shift from an easing bias toward neutral or tightening; this week’s inflation prints and developments in US–Iran talks could tip that balance.
2026-06-10

Hong Kong-listed telecom stocks rose amid volatility, with China Unicom (00762.HK) up over 6%, China Communications Services (00552.HK) up over 5%, China Telecom (00728.HK) up over 5%, and China Mobile (00941.HK) up over 1%.

Hong Kong-listed telecom stocks rose amid volatility, with China Unicom (00762.HK) up over 6%, China Communications Services (00552.HK) up over 5%, China Telecom (00728.HK) up over 5%, and China Mobile (00941.HK) up over 1%.
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