Gold prices surpass $4,441
Gold prices rose today to their highest level in more than two months, with the ounce reaching $4,441.10 amid investor anticipation of this week's upcoming U.S. inflation data, which could influence the Federal Reserve's monetary policy path. Spot gold prices increased to $4,432.73, while futures jumped 1.7% to reach $4,492.60 per ounce. Other precious metals also saw limited gains. This comes amid growing concerns over the potential market impact of failed negotiations regarding the Strait of Hormuz.
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