London-Sana
Gold prices rose today, but they are heading to record the second weekly decline in a row, as the demand for the yellow metal was affected by fears that the major central banks might raise interest rates significantly to confront hyperinflation.
And Reuters reported that gold rose in spot transactions 0.1 to $ 1824.72 an ounce, after hitting its lowest level in a week at $ 1820.99 earlier in the session.
And US gold futures fell 0.2 percent to $ 1825.90.
As for other precious metals, silver rose in spot transactions by 0.4 percent to $21.02 an ounce, and platinum increased by 0.9 percent to $915.11 an ounce, but they tend to incur weekly losses.
Palladium rose 1.4 percent to $1870.29, after rising about 3 percent this week.
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