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Gold falls slightly in spot and futures

Gold falls slightly in spot and futures

Gold prices fell today, Tuesday, by 0.2% in spot transactions, reaching approximately $4,008.94 per ounce. Futures contracts also declined by 0.4% to $4,022.70 per ounce. The metal is heading toward its worst quarterly performance in 13 years, according to Reuters. This decline coincided with rising inflation fears and expectations that the Federal Reserve will raise interest rates. Meanwhile, silver and platinum prices decreased, while palladium saw a slight increase.

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