Singapore – Qena:
Gold prices stabilized today, with attention focused on concerns about inflation and rising interest rates.
Gold settled in spot transactions at $4,332.50 per ounce.
In the previous session, gold recorded its lowest level in more than two months.
US gold futures for August delivery fell 0.1 percent to $4,357.10.
As for precious metals, silver fell in spot transactions 0.7 percent to $67.71 per ounce, platinum fell 0.2 percent to $1,751.39, while palladium rose 0.8 percent to $1,213.89.
Gold settled in spot transactions at $4,332.50 per ounce.
In the previous session, gold recorded its lowest level in more than two months.
US gold futures for August delivery fell 0.1 percent to $4,357.10.
As for precious metals, silver fell in spot transactions 0.7 percent to $67.71 per ounce, platinum fell 0.2 percent to $1,751.39, while palladium rose 0.8 percent to $1,213.89.
