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Benzinga

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Piero Cingari

Stocks Fall, Gold Rallies, Silver Hits 14-Year Highs As Inflation Rises: What's Moving Markets Friday? (CORRECTED)

Inflation Gold silver US Federal Reserve the Federal Reserve

Red bear chart

Editor's Note: This headline has been updated to accurately reflect silver's market milestone.

Investor sentiment faded on Friday as a key inflation gauge closely watched by the Federal Reserve climbed to a five-month-high, casting fresh uncertainty over the timing of potential interest rate cuts.

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