Gold Prices Rise Amid Growing Global Inflation Fears
Gold prices climbed today amid growing inflation concerns. Investors eagerly await new decisions regarding US interest rates.
Precious Metals Show Strong Gains
Spot gold prices rose by 0.4 percent today. The precious metal hit 4,512.79 dollars an ounce.
Gold gained 0.1 percent since the beginning of the week. United States gold futures jumped 0.2 percent to 4,543.10 dollars.
Silver and Platinum Follow Suit
Other precious metals also saw significant market gains today. Spot silver prices rose 0.7 percent to 76.17 dollars.
Platinum climbed 0.2 percent to reach 1,926.18 dollars. Palladium gained 0.9 percent to hit 1,380.94 dollars an ounce.
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