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Gold and silver ETFs rebound up to 10% after 20% morning crash; investors weigh next move

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Gold and silver ETFs rebound up to 10% after 20% morning crash; investors weigh next move
After crashing nearly 20% earlier in the session, gold and silver ETFs staged a rebound, recovering up to 10% by mid-trade. The sharp sell-off followed a steep correction in bullion prices from recent record highs, as investors booked profits and traders unwound leveraged positions, triggering broad-based selling.MCX Silver futures due March 5, 2026, which had slipped to Rs 2,55,652 per kg, recovered to around Rs 2,67,500. Meanwhile, gold futures for April 2, 2026 delivery rebounded from an intraday low of Rs 1,43,501 per 10 grams to about Rs 1,47,400.
In the previous session, MCX Silver futures had declined Rs 26,273, or 9%, to settle at Rs 2,65,652 per kg. Gold April futures fell 3%, or Rs 4,592, to close at Rs 1,47,753 per 10 grams.

Also Read | Union Budget 2026: FM plans FEMA overhaul, introduces total return swaps for corporate bonds
Gold and silver ETFs crash, then recover partially
Gold and silver ETFs witnessed sharp losses before staging a partial recovery. Zerodha Gold ETF, Nippon India Gold ETF and Aditya Birla Sun Life Gold ETF, which had fallen up to 9%, recovered during the session and were down around 5% at last count.


Axis Silver ETF, which had hit the 20% lower circuit, recovered about 10% and was trading at around Rs 231. Edelweiss Silver ETF also fell up to 20% earlier in the session but rebounded nearly 10% to Rs 232.17 during the same period.
Dollar strength, global cues weigh on bullion
The dollar held on to recent gains as investors assessed the potential policy stance of the US Federal Reserve under Kevin Warsh, who is seen as favouring a smaller balance sheet. A firmer dollar typically weighs on gold prices, as it makes the greenback-priced metal more expensive for buyers using other currencies.
In the international market, spot gold slipped 1.5% to $4,793.97 per ounce as of 0046 GMT, after touching a more than one-week low on Friday. The pullback came a day after bullion scaled a record high of $5,594.82. In contrast, spot silver rose 1.6% to $85.98 an ounce, though it remains well below its all-time high of $121.64 hit on Thursday.

Continued crash in bullion, ETFs
On February 1, silver fell nearly 9%, wiping out Rs 1.35 lakh of its value in just two days, while gold mirrored the weakness and slipped over Rs 31,000 over the same period. On January 30, silver delivered a stunning reversal on the MCX, plunging up to 27% — or Rs 1,07,968 — in a single day, marking its worst-ever crash and dragging prices back below the Rs 3 lakh mark, just a day after the metal had surged to a record high of Rs 4 lakh.

Gold prices also tanked as much as 12%, or Rs 20,514, in a single day on January 30, marking their worst one-day rout since March 2013, when prices had plunged 9% on the MCX.

BSE imposes circuit limits on ETFs
Following the historic crash in gold and silver prices, BSE on February 1 imposed a 20% circuit limit on gold and silver ETFs. For the current trading session, ETF prices are anchored to the previous day’s NAV (T-1 NAV), with transactions permitted only within a ±20% band. The move aims to curb excessive intraday volatility and protect investors from abrupt price swings.

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“In view of the volatility in underlying gold and silver prices, the reference price for gold and silver ETFs traded on the Exchange shall be based on the T-1 NAV as published by the respective mutual funds/asset management companies. Accordingly, the prescribed price band of +/- 20% shall be applicable to the said T-1 NAV price for trading purposes,” BSE said in a circular released on February 1.

Also Read | Gold ETFs crash 16% on stronger dollar, silver ETFs follow suit. What should investors do?

What should investors do?
Jigar Trivedi, Senior Research Analyst at IndusInd Securities, said silver tumbled more than 6% to around $79 per ounce, remaining under pressure as markets continued to reel from Friday’s 26% plunge — the metal’s biggest one-day decline ever.

He added that geopolitical and economic uncertainties, along with concerns over the Fed’s independence, had reinforced silver’s safe-haven appeal. Momentum buying further amplified gains, with purchases from Chinese speculators adding froth to the rally and intensifying the sell-off as they booked profits. MCX Silver March prices could decline further to Rs 2,45,000 per kg, as the global sell-off in silver is yet to run its course, Trivedi said.

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(Disclaimer: Recommendations, suggestions, views and opinions expressed by experts are their own and do not represent the views of The Economic Times)

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Elusive Shein boss hails Chinese roots in rare public appearance

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Elusive Shein boss hails Chinese roots in rare public appearance

His speech follows years of the firm focusing away from China as it moved its headquarters to Singapore.

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Trump says he has told big tech companies to build their own power plants

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Trump says he has told big tech companies to build their own power plants


Trump says he has told big tech companies to build their own power plants

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Savannah Guthrie Raises Reward to Up to US$1 Million, Acknowledges Mom ‘May Already be Gone’

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Savannah Guthrie

Savannah Guthrie has taken to social media to announce that her family is willing to pay up to US$1 million (approximately $1.41 million) for information that can lead to the whereabouts of her mom Nancy.

Nancy Guthrie has been missing since February 1.

Guthrie Family Raises Reward

In a video posted on social media, Savannah Guthrie also acknowledged the possibility that her mom may already have passed away.

“We also know that she may be lost, she may already be gone,” she tearfully said in the video. “She may already have gone home to the Lord that she loves and is dancing in Heaven… and if this is what is to be, then we will accept it.”

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“But we need to know where she is,” the “Today” host emphasized. “We need her to come home.”

According to PEOPLE, the family also donated US$500,000 to the National Center for Missing and Exploited Children.

A source close to the family also explained to PEOPLE why the family chose to raise the reward. The FBI’s reward of US$100,000 (approximately $141,000) remains active.

“The family first raised this on the first day of the investigation and has been ready to do this ever since,” the source said.

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The source added, “They were advised by all involved in the investigation that doing so earlier might overwhelm the infrastructure set up to field leads, tens of thousands of which have been coming in organically.”

Savannah Guthrie’s full video is available below.

Nancy Guthrie Is Still Missing

Since her February 1 disappearance, Nancy Guthrie has yet to be found. She is believed to have been kidnapped by an armed man.

Nancy Guthrie’s surveillance cameras were able to capture the masked man, and the FBI described him as “male, approximately 5’9″ – 5’10” tall, with an average build.”

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However, authorities are not ruling out that this masked man may have had an accomplice.

Pima County Sheriff Chris Nanos said that the search for the “Today” show host’s mom could take years.

“Maybe it’s an hour from now,” Nanos said, per The New York Times. “Maybe it’s weeks or months or years from now. But we won’t quit. We’re going to find Nancy. We’re going to find this guy.”

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Takeaways from Trump’s State of the Union address to Congress

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Takeaways from Trump’s State of the Union address to Congress


Takeaways from Trump’s State of the Union address to Congress

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Paramount boosts Warner Bros offer to rival Netflix in takeover bid

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Paramount boosts Warner Bros offer to rival Netflix in takeover bid

Warner Bros says the latest proposal could convince it to abandon the deal it struck with Netflix.

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VAALCO Energy, Inc. (EGY) Presents at SB1 Markets 2026 Energy Conference – Slideshow

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OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

VAALCO Energy, Inc. (EGY) Presents at SB1 Markets 2026 Energy Conference – Slideshow

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Ensure Compliance With Email Authentication Standards

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An online SPF checker is a purpose-built diagnostic tool that verifies your Sender Policy Framework configuration in DNS and helps ensure SPF compliance across every domain name you manage.

An online SPF checker is a purpose-built diagnostic tool that verifies your Sender Policy Framework configuration in DNS and helps ensure SPF compliance across every domain name you manage.

By running an SPF check or SPF record check, you confirm that your SPF record correctly lists authorized senders, including the IP addresses and subnets used by your outbound mail servers and service providers. Done regularly, an SPF lookup and SPF validation workflow reduces email delivery friction, supports email security goals, and improves overall email deliverability.

A modern SPF checker pairs SPF record lookup with a readable SPF result and clear guidance to correct SPF errors. Many SPF validator interfaces include a DNS lookup to resolve includes, flatten indirect references, and highlight SPF record issues such as too many DNS-mechanism lookups, missing all mechanisms, or ambiguous qualifiers. Because email authentication is cumulative, an SPF checker is most effective when combined with a DMARC record, DKIM record, and policies that address spoofing, phishing prevention, and fraud prevention at the domain level.

Use an SPF validator whenever you add a new sending platform, change authorized IP ranges, or alter routing. Frequent SPF checks help you catch SPF validation errors early, maintain SPF compliance, and protect sender identity before delivery issues arise. Before sending a bulk email campaign, it’s always a smart idea to perform an SPF check online to ensure your domain is properly authenticated and protected against spoofing.

Why SPF Matters: Role in Email Authentication and Brand Protection

SPF is the Sender Policy Framework that lets a domain name publish which hosts are authorized senders of mail for that domain. Receiving MTAs evaluate SPF during email delivery to determine whether the connecting server’s IP addresses (or broader subnets) are permitted. This SPF validation step combats email spoofing, reduces security risk from malicious senders, and contributes to domain security and domain authentication.

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  • Brand protection and sender reputation: Accurate SPF configuration helps reduce spam sent in your name, strengthens sender reputation, and supports inbox placement. In tandem with DMARC and DKIM, SPF contributes to a layered defense against email-based threats.
  • Deliverability and diagnostics: Consistent SPF record check routines uncover SPF errors that can harm email deliverability. When you analyze headers with an email header analyzer, you can see the SPF result aligned with the authenticated domain, aiding prompt resolution of authentication issues.
  • Governance and compliance check: Many mailbox providers and industry frameworks expect minimum authentication with SPF, DKIM, and DMARC. Routine SPF check and SPF record lookup cycles serve as a practical compliance and security safeguard.

How SPF Works and How to Interpret Results

MAIL FROM and Return-Path Flow

During SMTP, the sending server declares the envelope sender in the MAIL FROM command (also recorded in the Return-Path). The receiving server performs an SPF lookup on the domain name in MAIL FROM, compares the connecting host’s IP addresses against the SPF record, and returns an SPF result (pass, fail, softfail, neutral, none, temperror, permerror). That SPF result helps determine email delivery disposition and is often visible when you analyze headers for diagnostics.

If MAIL FROM is empty (bounce messages), SPF switches to checking the HELO/EHLO identity. Accurate configuration ensures the correct sender identity is authenticated even for system-generated mail.

DNS TXT Records and Evaluation Order

SPF is published as a DNS TXT record at the domain root or a relevant subdomain. A DNS record checker or DNS lookup reveals the TXT string beginning with “v=spf1”. The evaluation order processes mechanisms from left to right until a match is found. Well-formed records enumerate authorized senders via mechanisms and optionally constrain them to specific subnets. A robust SPF validator traces includes and a records, flags DNS-related SPF errors, and assesses overall SPF compliance.

Evaluation and Lookup Limits

  • SPF lookups are limited to 10 mechanisms/modifiers that cause DNS queries (include, a, mx, ptr, exists, redirect). An SPF checker will warn if your SPF validation encounters too many lookups.
  • Redundant or contradictory entries are common SPF record issues and may yield SPF validation errors or permerror outcomes.
  • Mailbox providers may treat softfail and neutral as increased risk level. Periodic monitoring with a domain scanner and diagnostics can identify such security gaps before they affect email health.

SPF Record Lookup and Interpreting the SPF Result

An SPF record lookup confirms that the SPF record exists and resolves all referenced hosts. A comprehensive SPF check correlates the connecting IP with the authorized IP list and returns a pass when alignment is met. Failed lookups or misconfigured includes often produce SPF errors with delivery issues. To maintain email security and email deliverability:

Use an online tool to run an SPF test whenever you onboard a new sender or change subnets.

Perform diagnostic tests that simulate connections from each authorized IP range.

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Capture failures report data via DMARC to prioritize prompt resolution and risk assessment.

SPF Syntax and the Compliance Landscape

SPF Record Syntax Explained

SPF record syntax is built from mechanisms, qualifiers, and modifiers that define which systems can send for your domain name.

Mechanisms, Qualifiers, and Modifiers at a Glance

  • Mechanisms: ip4, ip6, a, mx, include, exists, ptr (discouraged), all
  • Qualifiers: + (pass, implicit), – (fail), ~ (softfail), ? (neutral)
  • Modifiers: redirect=, exp=

A typical record: v=spf1 ip4:203.0.113.0/24 include:_spf.example.net -all

How they work:

  • ip4/ip6: Enumerate authorized IP addresses and subnets for explicit allowlisting.
  • a/mx: Authorize the A or MX records of the domain or a specified host.
  • include: Delegate authorization to another domain’s SPF record (e.g., a SaaS sender).
  • all: Catch-all at the end, typically -all for strict SPF compliance or ~all during testing.
  • redirect: Point SPF evaluation to another domain name’s record for centralized control.

An SPF checker or SPF raw checker will parse these elements, perform SPF record lookup on includes, and surface SPF validation errors such as unexpected mechanisms, unused modifiers, or broken DNS references.

Examples and Common Pitfalls

v=spf1 ip4:198.51.100.10/32 include:_spf.mailhost.com include:_spf.marketingplatform.com -all

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  • Avoid exceeding 10 DNS-mechanism lookups; flatten includes if needed.
  • Subdomain-specific senders:

v=spf1 a mx ip4:192.0.2.0/27 -all

  • Be precise with subnets to prevent unintended authorization.
  • Gradual rollout with softfail:

v=spf1 include:_spf.example.net ~all

  • Move to -all after monitoring DMARC data and confirming no legitimate sources are blocked.

Helpful tooling:

  • SPF record generator to compose correct syntax.
  • Record checker and DNS record checker to validate publication.
  • Email header analyzer to correlate SPF result with real traffic and inbox placement outcomes.

Compliance Landscape: RFC 7208, Google/Yahoo, and Industry Standards

SPF is standardized by RFC 7208, which defines processing rules, lookup limits, and error handling. Aligning with RFC 7208 ensures interoperable SPF validation and reduces authentication issues across diverse DNS providers and MTAs.

Minimum Authentication for Major Providers

  • Google and Yahoo sender requirements emphasize minimum authentication with SPF and DKIM, plus DMARC alignment for bulk senders. Maintain consistent SPF alignment with your visible domain, publish a DMARC record with an appropriate policy, and ensure a passing DKIM record for your streams. Supporting controls like BIMI record, MTA-STS, and TLS-RPT enhance domain security and email protection but do not replace SPF.
  • Conduct a compliance check periodically: run an SPF check, a DKIM checker, and a DMARC checker, then verify BIMI where applicable. Use MX Lookup to confirm routing and screen Blacklists to protect domain reputation.

Monitoring, Reporting, and the Tooling Ecosystem

Operational excellence requires continuous monitoring, reputation monitoring, and reporting. Consider a stack that includes:

  • MxToolBox SuperTool for DNS lookup, SPF lookup, DMARC, and Diagnostics.
  • EasyDMARC for Managed DMARC, Delivery Center, Alert Manager, Email Verification, and an Email Deliverability Test; educational resources such as Academy EasyDMARC help teams master email policies.
  • Domain Scanner and Email Health dashboards to scan domain configurations, surface security gaps, and track domain health.
  • Email Header Analyzer to analyze headers, correlate SPF result and DKIM outcomes, and spot authentication issues.
  • Phishing Link Checker and TouchPoint to support phishing prevention and email-based threats analysis.

Many platforms integrate record checker utilities, SPF test runners, and an SPF raw checker. Vendors like EasyDMARC and MxToolBox often appear on G2 Crowd, SourceForge, Channel Program, and Expert Insights; review feedback to select an online tool that matches your risk level, reporting needs, and alerting preferences. For managed environments, MSP Program offerings help standardize SPF configuration and periodic monitoring across client portfolios, with failures report insights enabling prompt resolution.

Best practices:

  • Schedule periodic monitoring to query domain records, validate SPF compliance, and perform diagnostic tests after any SPF configuration change.
  • Use a domain scanner to discover shadow senders; verify each authorized IP and include, and remove stale entries to reduce security risk.
  • Pair SPF with DMARC enforcement for fraud prevention and domain authentication at scale, improving email deliverability and reducing delivery issues.

By embedding a disciplined SPF record check routine—complete with SPF validator reviews, SPF record lookup automation, and continuous diagnostics—you harden email security, safeguard sender identity, and sustain the email delivery performance your brand and customers expect.

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Negative Breakout: These 12 stocks cross below their 200 DMAs

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The Economic Times

In the Nifty500 pack, 12 stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on February 24, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:

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WiseTech Global Plans to Cut 2,000 Jobs as It Embraces Artificial Intelligence

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Artificial Intelligence / AI
Artificial Intelligence / AI
BoliviaInteligente / Unsplash

WiseTech Global has revealed its plans to cut 2,000 jobs from its 7,000 global workforce as it embraces artificial intelligence (AI).

Owned by Australian billionaire Richard White, WiseTech Global said the job cuts will happen over the next two years.

WiseTech Global Announces Job Cuts

According to Sky News, WiseTech is pushing through with its AI-driven “efficiency program.” The job cuts will remove as much as 50 per cent of staff in certain areas.

“As part of WiseTech’s long-term strategic focus on higher-margin recurring revenue, and WiseTech’s commitment to building a higher-performance culture, this program will likely result in a reduction of approximately 2,000 roles in FY26 and into FY27,” the company said in a statement to investors.

WiseTech also added that affected staff will not be transferred elsewhere in the company. This is because there will be no roles for them anymore to begin with.

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‘Era of Manually Writing Code is Over’

WiseTech CEO Zubin Appoo is firm belief that AI is the best way forward for the company and the industry in general.

“I am prepared to say this clearly: the era of manually writing code as the core act of engineering is over,” he emphasized, according to 9News.

He went on to say, “AI amplifies the productivity of our expertise in logistics and trade, the rich datasets that WiseTech holds, and the network advantage that we have built over 30 years.”

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FDA announces recall of Elite Treats dog treats over salmonella concerns

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FDA announces recall of Elite Treats dog treats over salmonella concerns

The Food and Drug Administration announced Tuesday a recall of bags of certain dog treats over concerns about potential salmonella contamination.

Elite Treats, based in Florida, issued a recall of a single lot of 6-ounce bags of Elite Treats Chicken Chips for Dogs, according to the FDA.

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The recalled bags have lot number 24045 and an expiration date of April 2027.

The dog treats were sold to Florida Hardware, which distributed the items to feed stores in Alabama, Florida, Georgia, North Carolina and South Carolina.

RECALL ISSUED FOR MORE THAN 12K ADULT BED RAILS OVER ENTRAPMENT, ‘RISK OF DEATH’

Elite Treats Chicken Chips for Dogs

Elite Treats issued a recall of a single lot of 6-ounce bags of Elite Treats Chicken Chips for Dogs. (FDA)

The contamination was discovered after testing performed by a third-party laboratory identified contamination in a related yet commercially unreleased lot of the same product, the FDA said.

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No illnesses have been reported thus far from the treats.

The FDA said salmonella can cause illness in pets eating the products.

Pets with salmonella infections may be lethargic and have diarrhea or bloody diarrhea, fever and vomiting, and some pets may have a lower appetite and abdominal pain, the agency said. Pet owners should contact a veterinarian if their animal has eaten the recalled product and has these symptoms or if they are concerned that the pet may be infected.

MORE THAN 191,000 AROEVE AIR PURIFIERS RECALLED OVER OVERHEATING, FIRE RISK

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Dog being fed

The FDA said salmonella can cause illness in pets eating the products. (Getty Images / Getty Images)

The agency said pets can be infected without showing symptoms because infected pets, even if they do not show symptoms, can act as carriers and transfer salmonella through their feces and saliva into the home and to people and other pets in the household.

People can also become exposed through multiple ways, the FDA said, including handling the contaminated products, contact with pets who have eaten the product or contact with surfaces that have touched contaminated food, such as bowls, utensils or countertops.

The risk of human illness from salmonella-contaminated pet food rises if people do not thoroughly wash their hands after handling the food or having contact with their petor by not thoroughly cleaning contaminated surfaces, the FDA warned.

Salmonella can cause serious and sometimes deadly infections in people, according to the agency. Healthy people infected with salmonella should monitor themselves for symptoms, which can include nausea, vomiting, diarrhea or bloody diarrhea, abdominal cramping and fever. In rare incidents, salmonella can lead to more serious issues, such as arterial infections, endocarditis, arthritis, muscle pain, eye irritation and urinary tract symptoms.

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FDA headquarter sign

No illnesses have been reported thus far from the treats. (iStock / iStock)

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Young people, the elderly and people with weak immune systems are more vulnerable to infection, the FDA said. People who have symptoms after coming into contact with the recalled product or a pet that has eaten the product are urged to contact their healthcare providers.

Consumers are urged to stop using the recalled treats. They are told to dispose of the product in a way that children, pets and wildlife cannot access it.

“Wash and sanitize pet food bowls, cups and storage containers,” the FDA’s recall alert said. “Always ensure you wash and sanitize your hands after handling recalled food or any utensils and surfaces that come in contact with recalled food.”

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Customers may contact Elite Treats for information about how to request a refund.

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