Gold prices are rising, amid fears of possible inflation
Gold rose today after US Treasury Secretary Stephen Mnuchin indicated that negotiations on stimulus measures would continue, which supported the demand for the metal for fear of potential inflation, according to "Reuters".
In spot transactions, gold increased "0.3" percent to "1872.95" dollars an ounce, but it fell "0.8" percent on a weekly basis.
And the settlement of the US gold futures contract was increased by "0.7" percent to "1872.40" dollars.
As for the rest of the precious metals, silver rose 0.8 percent to 24.27 dollars an ounce, platinum fell 0.2 percent to 949 93 dollars, while palladium stabilized at 2325.60 dollars.