Gold prices rise after the decline in US inflation… and the rise of silver

I registered Gold prices rose to a record high today, while US inflation data supported bets on a reduction in US interest rates this year.

Spot gold rose 0.4% to $4,609.69 per ounce after hitting a record high of $4,634.33 earlier in the session, while US gold futures for February delivery increased 1.0% to $4,617.90.

Silver prices

And for other precious metals, Spot silver rose 4.7% to $88.90 an ounce, after hitting an all-time high of $89.10 earlier in the session.

Spot platinum rose 0.1% to $2,344.84, while palladium increased 1.5% to $1,870 an ounce.

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