[Tue, 14 Jan 2025 14:05:19 +0300]


Washington - Saba:
Gold prices rose on Tuesday, supported by the uncertainty surrounding US President-elect Donald Trump's policy plans and investors' anticipation of important US inflation data that will provide more indications about the path of US interest policy.

According to Reuters, gold rose in spot transactions by 0.5 percent to $2674.26 per ounce, while US gold futures rose by 0.4 percent to $2689.10.

Gold prices fell by about one percent yesterday after strong US jobs data released last week boosted the dollar, while the rise in the dollar makes gold more expensive for buyers holding other currencies.

Among other precious metals, spot silver rose 0.3 percent to $29.68 an ounce, palladium rose 0.6 percent to $959.70, and platinum advanced 0.5 percent to $943.25.

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