Gold rises more than two percent
Gold rose more than two percent today, after weaker-than-expected inflation data in the United States strengthened hopes of monetary policy easing by the Federal Reserve.
Spot gold increased by 2.1% to $4,083.99 per ounce, while US gold futures rose 2.2% to $4,091.80.
Among other precious metals, silver gained 2.2% to $58.89 per ounce, platinum rose 1.4% to $1,629.92, and palladium added 2.4% to $1,275.73.
# Gold
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Original source: Al-Mowaten
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