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Gold Prices Steady Amid Inflation and Rate Hike Concerns

Economy

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Singapore, June 09 (QNA) - Gold prices steadied on Tuesday as concerns ​over inflation and interest rate hikes remains in focus.

Spot gold was steady at $4,332.50 per ounce.

In the previous session, ⁠gold hit its lowest level in more than two months.

US gold futures for August delivery were down 0.1% at $4,357.10.

Spot ‌silver fell 0.7% to $67.71 per ounce, platinum lost 0.2% to $1,751.39, ⁠while palladium rose 0.8% to $1,213.89. (QNA)

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