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[MARKET UPDATE] Mild pressure in metal prices with spot silver down 1.7% and with spot gold down 0.4% amid the absence of Asia buyers due to the Lunar New Year holiday

Metal prices are experiencing a slight decline, with silver dropping by 1.7% and gold by 0.4%, largely influenced by a lack of buying interest from Asia due to the Lunar New Year holiday.

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[MARKET UPDATE] Mild pressure in metal prices with spot silver down 1.7% and with spot gold down 0.4% amid the absence of Asia buyers due to the Lunar New Year holiday

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This absence of demand could indicate that trading volumes are lower, which may add to price volatility as we await the return of buyers post-holiday and any potential shifts in macroeconomic sentiment.

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