Gold reaches $4,188 amid oil decline
The gold price rose to $4,188.27 per ounce amid declining oil prices and investors awaiting U.S. inflation data, which could influence the Federal Reserve's interest rate trajectory. Spot gold increased by 0.4%, while December futures climbed to $4,212.50. Meanwhile, oil prices dropped for the first time in nearly a week. Other precious metals also saw slight gains, with silver rising to $60.46, platinum reaching $1,694.65, and palladium dropping to $1,141.23.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)