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Gold price hike

2022-03-10T12:40:04.514Z


London, SANA- Gold prices rose today after a sharp decline in the previous session, with expectations that inflation data will affect


London-Sana

Gold prices rose today after a sharp decline in the previous session with expectations that important US inflation data will affect it.

And Reuters reported that gold rose in spot transactions by 0.2 percent to $1.996.99 an ounce.. US gold futures rose 0.7 percent to $2.002.40.

Investors are currently awaiting the US consumer price index for February, due to be released later today.

As for other precious metals, palladium fell in the latest transactions 0.4 percent to $296.54 an ounce, and the metal hit a record high of $3440.76 on Monday, driven by fears of supply disruptions from Russia, its largest producer.

Silver also rose in spot transactions 0.3 percent to $25.80 an ounce, while platinum rose 1.1 percent to $1087.32.

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Source: sena

All business articles on 2022-03-10

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