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The prices for gold and silver are on the rise as fears of inflation take hold of hard assets

Gold and silver continue to increase in price as investors jump on the chance to make money off the precious metals out of fear of price inflation.

December gold was up by $12.90 at $1,861.30 and December Comex silver was up by $0.223 at $24.99 an ounce.

As inflation spreads across the world, it’s starting to impact the stock market and global markets. This year is the highest rate of inflation seen in thirty years.

The Federal Reserve is expected to raise U.S. interest rates sooner than originally expected.

Due to the holiday today, Veterans Day, no data is being released by the Treasury or stock markets.

Related: Can people who trade cryptocurrency sell their coins for cash?

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