Money and business

Gold rises as markets await US inflation data


Refresh Gold ‌Today, recovering from its lowest level in almost a week ‌, as investors awaited US inflation data for indications about the direction of interest rates.

Gold rose in spot transactions by 0.6% to $4,949.99 per ounce, but it lost by 0.2% since the beginning of this week.

Gold rise

US gold futures contracts for April delivery also rose Next, by 0.4% to $4,968 per ounce.

As for other precious metals, silver rose in spot transactions by 1.5% to $76.31 per ounce, recovering after an 11% drop yesterday, Thursday, while platinum increased by 0.9% to $2,018.44 per ounce, while palladium rose by 3% to $1672.48 per ounce.

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