
Singapore - Saba:
Gold prices rose in Wednesday's trading as investors assessed data showing an increase in U.S. consumer prices last month.
Spot gold rose by 0.4% to reach $3,334.12 an ounce, while U.S. gold futures increased by 0.1% to $3,340.90.
Among other precious metals, spot silver rose 0.3% to $37.82 an ounce, platinum gained 0.2% to $1,379.46, and palladium advanced 0.4% to $1,210.66.
Gold is traditionally considered a safe haven during times of economic uncertainty and typically benefits from a low interest rate environment.