Money and business

Gold prices stabilized, affected by the rise in oil and inflation fears


stabilized in spot transactions today, but they are heading to record a weekly decline, under the influence of rising oil prices and exacerbating concerns about inflation.

It did not witness

Gold prices

US gold futures contracts for June delivery rose 0.1 percent to $4635.10." The other precious metal, silver in spot transactions rose 0.8 percent to $74.34 per ounce.

Platinum rose 0.1 percent to $1,987.55, and palladium increased 0.3 percent to $1,528.39.

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