Gold prices rise, heading for gains for 5th week in a row


https://www.saba.ye/en/news3431721.htm

Yemen News Agency SABA
Gold prices rise, heading for gains for 5th week in a row
[31/ January/2025]

Singapore - Saba:

Gold prices rose today, Friday, heading for gains for the fifth week in a row amid concerns among investors about customs duties, and anticipation of a report on inflation to clarify the path of monetary policy of the Federal Reserve (the US central bank).

Gold rose in spot transactions by 0.1 percent to $ 2,795.92 per ounce, up about one percent so far during the week.

As for other precious metals, silver rose in spot transactions by 0.4 percent to $ 31.54 per ounce, platinum increased by 0.1 percent to $ 967.80, while palladium fell by 0.2 percent to $ 987.10