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وكالة الأنباء القطرية
Gold drops to two-week low ahead of US inflation data
Gold prices have fallen significantly, hitting their lowest level in two weeks amid rising oil prices that have increased inflation concerns ahead of the Federal Reserve's monetary policy meeting next week. The spot price of gold dropped by 1.4% to $4,081.89 per ounce, while December futures contracts also declined by 1.3%. Other precious metals, such as silver, platinum, and palladium, also saw notable declines, with platinum reaching its lowest level since July, and palladium dropping to its lowest since June 2025. This decline comes as investors await the Federal Reserve's decisions, amid ongoing worries about inflation driven by rising oil prices and increasing Treasury bond yields.
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