Stability of gold prices and variation in other precious metals

Gold prices stabilized today, amid growing concerns about inflation and raising interest rates.

The price of gold in spot transactions stabilized at $4,484.49 per ounce, while US gold futures contracts rose 0.2 percent to $4,514.30.

As for other precious metals, the price of silver in spot transactions rose 0.2 percent to $74.92 per ounce, and the price of platinum rose 0.3 percent to $1,928.65, while the price of palladium fell 0.2 percent to $1,359.25.