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Story summary
- Gold rose 0.4% to $4,316.67 per ounce on December 16 as investors anticipated Federal Reserve rate cuts.
- U.S. job growth rebounded, while the unemployment rate rose to 4.6%.
- On December 17, silver briefly hit $66.52 before settling at $65.55, up 126% this year.
- The Fed's quarter-point rate cut and U.S.–Venezuela tensions have bolstered safe-haven demand as investors await the Consumer Price Index data.
