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PRECIOUS METALS | Shanghai Silver Falls Over 8% as Rate-Cut Expectations Fade

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2026-06-08 01:53:12
Precious metals declined broadly after expectations for interest-rate cuts weakened, with Shanghai silver dropping more than 8%. According to Jin10, positioning in gold diverged, with allocation-focused funds and speculative funds moving in different directions.

The market was described as being pulled between “hawkish expectations” and demand for geopolitical safe-haven exposure.
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