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وكالة الأنباء القطرية
US rate hike expectations weigh on gold
The anticipation of a potential US interest rate hike has driven gold prices closer to their lowest levels in a week, as investors await the upcoming US Consumer Price Index data. The spot price of gold remained steady at approximately $4,318.88 per ounce, after reaching its lowest point since early September, marking a roughly 2% decline yesterday following the U.S. Producer Price Index for August, which met expectations. Other precious metals also saw decreases, with silver down 0.1% at $63.48, platinum holding steady at $1,777.42, and palladium dropping 0.2% to $1,279.25.
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