Gold dips to $4185.13 ahead of US inflation data
Gold price today dropped to $4,185.13 per ounce, retreating from the highest level in more than a week, as investors await U.S. inflation data scheduled to be released this week. This comes amid cautious market sentiment and analysis of indicators related to interest rates that the Federal Reserve may decide on. As for other precious metals, silver rose to $60.95, platinum to $1,701.18, and palladium to $1,159.62, amid market performance fluctuations worldwide.
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