London-Sana
Gold today approached its highest level in two months, as inflation and geopolitical risks boosted the precious metal, while palladium is heading for its best week since last March due to strong demand.
Reuters reported that the price of gold fell in spot transactions by 0.2 percent to $ 1835.13 an ounce, and US futures contracts fell by 0.4 percent to $ 1835.40.
The price of palladium in spot transactions jumped 0.8 percent to $ 2075.68 an ounce, on its way to achieving a weekly gain of more than 10 percent, while platinum rose 0.1 percent to $ 1040.40, heading towards its best week since last June, while silver settled at $ 24.44 an ounce, hoping to record the best weekly gains. In a year after it rose by 6.4 percent.
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