Gold Prices Drop Amid US Inflation Data Anticipation

Amman – Gold prices dropped on Wednesday, with caution prevailing ahead of the U.S. consumer price inflation report, which may provide further insights into the future direction of U.S. interest rates.اضافة اعلان

According to Bloomberg, spot gold fell by 0.1% to $2,672.76 per ounce, while U.S. gold futures rose by 0.3% to $2,689.70 per ounce.

In other precious metals, silver dropped by 0.3% to $29.81 per ounce, palladium declined by 0.3% to $935.89, and platinum remained unchanged at $935.92.