Gold Rebounds From Over One-Week Low
Singapore, June 22 (QNA) – Gold rebounded from a greater than one-week low on Monday as oil costs fell on indicators of development in US-Iran peace talks, regardless that expectancies of upper rates of interest after hawkish Federal Reserve alerts weighed at the steel’s outlook.
Spot gold was once up 0.9% at $4,197.41 in line with ounce, after falling to its lowest degree since June 11 on Friday. US gold futures for August supply fell 0.7% to $4,215.90.
As for different treasured metals, spot silver rose 1.8% to $66.10 in line with ounce, platinum won 0.2% to $1,667.97, and palladium was once up 1% to $1,270.41. (QNA)
