15 Hrs
Source:
Sharjah24
Gold declines over 1.6%
Gold prices declined by 1.7% in the spot market and 1.6% in U.S. futures, following increased expectations of interest rate hikes by the Federal Reserve afterStrong inflation data in the United States. Other precious metals also fell, with silver dropping 4.1%, platinum 2%, and palladium 0.7%. This decline continues for the third consecutive session and comes amid expectations that prices will continue to decline as markets await upcoming inflation data.
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