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Precious Metals Tumble After Powell's Speech | Daily Market Analysis
Key events: Eurozone - ECB President Lagarde Speaks USA - ADP Nonfarm Employment Change (Feb) USA - Fed Chair Powell Testifies USA - JOLTs Job Openings (Jan) Canada - BoC Interest Rate Decision USA - Crude Oil Inventories Precious metals seem to be losing their luster after U.S. Federal Reserve Chairman Jerome Powell stepped up the rhetoric about rate hikes in his semi-annual testimony before lawmakers Tuesday.