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Singapore, July 08 (QNA) – Gold prices fluctuated on Wednesday, as concerns about inflation and rising interest rates intensified after new US attacks on Iran boosted oil prices and the dollar, ahead of the release of the minutes from the Federal Reserve’s June meeting.
Spot gold rose 0.5% to $4,125.59 an ounce, after falling to its lowest level since July 2.
US gold futures for August delivery fell 0.5%to $4,136.30.
As for other precious metals, spot silver rose 0.8% to $60.47 an ounce, platinum fell 0.3% to $1,635.45, and palladium dropped 0.6% to $1,268.64. (QNA)
