Gold Slips to $4,185.13 per Ounce Ahead of US Inflation Data
Singapore, October 12 (QNA) - Gold prices fell on Monday after hitting a one-week high earlier in the session, as investors braced for US inflation data that could reshape expectations for the Federal Reserve's rate path.
Spot gold slipped 0.2% to $4,185.13 per ounce, having hit its highest level since Oct. 2, earlier in the session.
US gold futures for December delivery dropped 0.2% to $4,209.70 per ounce.
Among other metals, spot silver rose 0.2% to $60.95 per ounce, platinum gained 0.8% to $1,701.18 per ounce and palladium edged up 0.1% at $1,159.62 per ounce. (QNA)
English
Français
Deutsch
Español
русский
हिंदी
اردو