Gold and metals prices increase
The article discusses the rise in gold prices and other precious metals in early trading today, with gold increasing slightly supported by a decline in the US dollar and investors awaiting US inflation data. The spot price of gold rose by 0.3% to reach $4,418.79 per ounce, while December futures fell by 0.3% to $4,464.80. Prices of other precious metals also increased, with silver up 0.3% to $66.34 per ounce, platinum up 0.6% to $1,836.97, and palladium up 0.9% to $1,401.47. The ongoing rise in gold is attributed to the weakening dollar and expectations that upcoming inflation data may impact financial markets.
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