Gold Volatility Persists: Spot Gains, Futures Decline
Gold prices were mixed on Wednesday, amid escalating inflation concerns and rising interest rates. Spot gold rose 0.5% to $4,125.59 per ounce, while U.S. gold futures for August delivery fell 0.5% to $4,136.30. Among other precious metals, spot silver gained 0.8% to $60.47 per ounce, platinum slipped 0.3% to $1,635.45, and palladium dropped 0.6% to $1,268.64.
Gold prices varied between gains and losses today, amid rising inflation concerns and higher interest rates.
Spot gold rose 0.5% to $4,125.59 per ounce.
U.S. gold futures for August delivery fell 0.5% to $4,136.30.
Among other precious metals, spot silver rose 0.8% to $60.47 per ounce, platinum fell 0.3% to $1,635.45, and palladium declined 0.6% to $1,268.64.
Original source: Okaz
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