Gold Gains 0.6 Percent
Gold prices rose by 0.6% in spot transactions to $4,073.23 per ounce, and to $4,075.90 in August futures contracts, amid a decline in Brent crude below the hundred-dollar level and investors reassessing inflation risks related to US interest rate forecasts. Other precious metals also saw gains, with silver increasing by 1.9% to $58.77 per ounce, while platinum fell by 0.5% to $1,592.89, and palladium rose by 0.2% to $1,259.42. Investors continue to monitor global markets and analyze inflation indicators and interest rate trends.
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