Gold rises amid volatile trading today

Gold prices rose today in volatile trading, awaiting US consumer price index data for April scheduled to be released tomorrow, producer price index data scheduled for Wednesday, and US inflation data scheduled for release later in the week.

By 1420 GMT, gold rose in spot transactions 0.3 percent to $4,730.49 per ounce, after falling more than
From one percent during the session. US gold futures increased 0.2 percent to record $4,740.40.

As for other precious metals, silver rose in spot transactions by 5.8 percent to $84.99 per ounce. Platinum rose 2.6
percent to $2108.80? Palladium increased 1 percent to $1,506.50.