Precious metals have lost much of their momentum from May trading but while silver has retraced the upside move by quite a bit, gold is still pretty much in consolidation territory. Granted, the run higher in gold largely came earlier in March and April. In May, gold threatened fresh record highs above $2,400 but ultimately settled lower during the month. So, where does that leave us now?Even as major central banks are kicking the can down the road on rate cuts, gold is still holding up quiet well as of late. I mean, such sentiment is also reflected in equities, so it speaks to the broader market sentiment as well I guess.That being said, gold's surging run higher in March and April might be
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