London - Saba:
Gold prices rose today after a sharp decline last week, but expectations of fewer U.S. interest rate cuts limited the recovery.
Reuters reported that gold rose in spot transactions 0.4 percent to $ 2571.11 an ounce, after hitting a two-month low last week, and US gold futures rose 0.2 percent to $ 2575.70.
As for other precious metals, silver in spot transactions rose 0.6 percent to $ 30.39 an ounce, platinum 0.6 percent to $ 944.57, and palladium 1.7 percent to $ 966.66.
Gold prices rose today after a sharp decline last week, but expectations of fewer U.S. interest rate cuts limited the recovery.
Reuters reported that gold rose in spot transactions 0.4 percent to $ 2571.11 an ounce, after hitting a two-month low last week, and US gold futures rose 0.2 percent to $ 2575.70.
As for other precious metals, silver in spot transactions rose 0.6 percent to $ 30.39 an ounce, platinum 0.6 percent to $ 944.57, and palladium 1.7 percent to $ 966.66.