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المدينة
Gold advances for third day amid inflation outlook
Gold prices rose for the third consecutive session, reaching their highest level in over two months at approximately $4,432.74 per ounce in spot transactions. Futures also increased to around $4,492.60. This rise came amid investor anticipation of U.S. inflation reports that could influence the trajectory of interest rates. Other precious metals, such as silver, platinum, and palladium, also saw further gains, with silver rising by 0.9% and platinum by 0.7%. This reflects a global trend towards safe-haven assets amid current economic conditions.
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