Gold prices increase 0.4% to $4,127.40
Gold prices rose by 0.4% to $4,127.40 per ounce in spot trading, after recording their lowest level in two months during the previous session. U.S. gold futures also increased by 0.3% to $4,150.60. The precious metal showed signs of recovery after previous declines, along with increases in other metals such as silver by 0.4%, and platinum and palladium by 1.4%. Markets are expected to remain cautious, closely monitoring gold price movements amid anticipation of U.S. inflation data and the impacts of interest rate reports and oil prices on the market.
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