Gold rises amid anticipation of US inflation data
Qiyas summary
Prices of gold, silver, platinum, and palladium rose on Monday as markets awaited US inflation data.
Translated by Qiyas from السياسة — Original source
Gold prices rose by more than one percent on Monday, amid anticipation of the release of U.S. inflation data.
Spot gold prices increased by 1.6 percent to $4,129.69 per ounce, while U.S. December gold futures rose by 1.6 percent to $4,139.
Gold had gained approximately five percent last week.
Among other precious metals, spot silver rose 2.8 percent to $53.31 per ounce, platinum increased 1.6 percent to $1,556.14, and palladium rose 2.1 percent to $1,044.28.
