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London, October 13 (QNA) – Gold prices rose Tuesday amidst a decline in oil prices and as investors awaited US inflation data for fresh clues regarding the Federal Reserve’s interest rate trajectory.
Spot gold climbed 0.4% to $4,188.27 per ounce, having hit a one-week high during Monday’s session, while US gold futures for December delivery rose 0.5% to $4,212.50.
Meanwhile, oil prices fell, heading toward their first losses in nearly a week.
As for other precious metals, spot silver rose 0.2% to $60.46 and platinum gained 0.5% to $1,694.65, while palladium dipped 0.2% to $1,141.23. (QNA)
