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Gold prices rise on inflation fears

2021-11-16T07:45:01.137Z


London, SANA- Gold prices rose today, with the continuation of fears related to inflation, which increases the demand for gold


London-Sana

Gold prices rose today as concerns about inflation persist, which increases the demand for the precious metal as a hedge.

And Reuters reported that "the price of gold in spot transactions rose 0.2% to $1866.62 an ounce, while US gold futures contracts increased by 0.1% to $1868.62."

As for other precious metals, silver rose in spot transactions by 0.4 percent to 25.13 dollars an ounce, while platinum fell 0.1 percent to 1085.61 dollars an ounce, and palladium fell 0.8 percent to 2136.52 dollars an ounce.

Source: sena

All business articles on 2021-11-16

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