Metal trends are diverging, silver rebounds, gold's gains significantly narrow, London copper rises nearly 4%, and London nickel hits a 14-month high
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Spot silver rose nearly 5.6% to $76.16 per ounce, after plummeting 9% in the previous trading day. Spot gold briefly rose over 1.5%, but fell back after reaching the 200-hour moving average, with the increase further narrowing after the Federal Reserve's meeting minutes, approaching yesterday's New York closing price of around $4,335. Base metals saw a broad increase, with London copper rising about 3.7%, London nickel rising over 6%, London tin rising 3.56%, and London zinc rising over 1%
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