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وكالة الأنباء القطرية
Gold Faces Monthly Drop Ahead of US Inflation Data
Gold prices declined today, heading towards marking a monthly loss of over six percent as investors await U.S. inflation data. Expectations of a rate hike by the Federal Reserve pressured the market downward, with the spot price of gold falling by 0.2% to $4,170.63 per ounce, while futures rose by 0.5% to $4,201.90. Other precious metals also experienced monthly declines, with silver slipping by 0.8% to $60.98, platinum decreasing by 0.3% to $1,219.60, and palladium remaining steady at $1,705.10.
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