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Gold rose with the decline of the dollar amid anticipation of US inflation data

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Gold prices recorded an increase today, with the decline of the dollar, after declining more than 1 percent in the last session, while investors await this week US inflation data that may affect the course of the monetary policy of the Federal Reserve (US Central Bank).
Gold in spot transactions rose 0.2% to $1,994.48 an ounce. US gold futures rose 0.1%, to $1,994.60.
As for other precious metals, silver rose 0.1% to $24.91 an ounce, while platinum increased 0.3% to $994.64, and palladium rose 1.3% to $1429.54.
Yesterday, gold prices fell 1 percent to less than two thousand dollars, after US jobs data showed the continued strength of the labor market, which reinforced expectations that the Federal Reserve (the US central bank) would raise interest again in May.


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