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Gold and silver futures rise this week; analysts: safe-haven demand supports prices
Gelonghui February 14 | Gold and silver futures are expected to rise this week. The near-month gold contract increased by 1.4% this week, marking gains in 8 of the past 10 weeks. The near-month silver contract rose by 1.5% this week, ending a two-week decline, with 11 of the past 15 weeks showing gains. Antonio Di Giacomo from XS.com stated in a report that despite volatility in the precious metals market, demand for safe-haven assets remains, supporting the rise in gold and silver prices.