Money and business

Heading for a weekly loss… Gold is declining due to inflation and interest concerns

2026/06/05 7:54:44 AM
Less than a minute
Heading for a weekly loss… Gold is declining due to inflation and interest concerns


Retracted today, and is heading to incur a weekly loss, amid rising inflation and fears of increasing interest rates.

And In spot transactions, it increased by 0.3% to $4,462.22 per ounce, declining by about 1.6% since the beginning of the week until now.

Silver prices

As for other precious metals, By 0.6%, recording $73.45 per ounce, while platinum fell by 1.3%, recording $1876.58 per ounce.

Palladium fell by 1.5%, recording $1301.25 per ounce.

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2026/06/05 7:54:44 AM
Less than a minute

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