BusinessPhoto: News18 BusinessGold Prices Rise as Investors Monitor Fed Rate Hike Prospects
Gold prices rose modestly on Monday, supported by a decline in oil prices which eased inflation concerns. Spot gold increased 0.3% to $4,175.60 per ounce, while US December gold futures gained 0.4% to $4,196.40. Other precious metals like silver, platinum, and palladium also saw gains. Investors remain cautious about potential US interest rate hikes and await further signals from the Federal Reserve on monetary policy.
News18 Business·


