London-Sana
Gold prices fell today, but are heading for the biggest weekly rise in more than eight months, as US data indicating slowing inflation boosted hopes that the Federal Reserve will slow the pace of sharp interest rate hikes.
Reuters reported that gold fell in spot transactions 0.2% to $1,751.29 an ounce, but prices rose 4.2% during a week, and US gold futures fell 0.1% to $1,752.80.
As for other precious metals, silver fell in spot transactions 0.4 percent to $21.59 an ounce, platinum rose 0.2 percent to $1034.31 an ounce, and palladium fell 0.5 percent to $1954.29.
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