"Commodity" Inflation Worries Ease Slightly, Gold Prices Stabilize
The hope for a peace agreement between the United States and Iran has eased market concerns about inflation, leading to a slight increase in gold prices on Thursday. Spot gold rose by $14.3 or 0.3% to $4,805.4 per ounce.
June gold increased by $9 or 0.2% to $4,832.6 per ounce.
May silver prices fell by 0.5% to $79.22 per ounce.
May copper prices decreased by 0.1% to $6.079 per pound.
July platinum prices dropped by 0.4% to $2,122.9 per ounce.
June palladium prices remained steady at $1,589 per ounce
Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments