Metals Stocks: Gold stretches losses to a second day; silver slides to weakest since summer 2020

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Gold prices settled higher for a second straight session on Tuesday, holding ground at their weakest level in more than nine months as the precious metal continued to feel the pressure from a stronger U.S. dollar.

What are prices doing ?
What’s driving the market ?

Gold has been “smothered” by an appreciating dollar and expectations over the Federal Reserve maintaining an aggressive stance towards higher interest rates, said Lukman Otunuga, manager, market analysis at FXTM, in a note.

“The…