Amman– Gold prices rose today, Tuesday, as investors awaited key U.S. inflation data that would provide further indications about the trajectory of U.S. interest rate policy.
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According to Bloomberg, gold prices in spot transactions increased by 0.5% to $2,674.26 per ounce. U.S. gold futures also rose by 0.4% to $2,689.10.
Gold prices had fallen by about 1% on Monday, after strong U.S. job data released last week boosted the U.S. dollar.
As for other precious metals, silver rose by 0.3% to $29.68 per ounce, palladium increased by 0.6% to $959.70, and platinum gained 0.5% to $943.25.