Gold drops 0.6% spot 0.2% futures
Gold prices today decreased by 0.6% in spot transactions and 0.2% in futures, amid investors' assessments of the possibility that central banks will keep interest rates high to combat inflation. Other precious metals also declined, with silver falling by 1.2% to $66.24 per ounce, platinum down by 1.4% to $1,807.80, and palladium decreasing by 1.1% to $1,293.68, due to expectations of maintaining high interest rates for a longer period.
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