CHAIRMAN: DR. KHALID BIN THANI AL THANI
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Business / World Business

Gold rises after weak US data

Published: 13 Aug 2025 - 05:38 pm | Last Updated: 13 Aug 2025 - 05:54 pm
Peninsula

QNA

Singapore: Gold edged higher on Wednesday, supported by a weaker dollar after mild US inflation data cemented bets for an interest rate cut in September.

Spot Gold was up 0.2% at $3,351.46 per ounce, and US Gold futures for December delivery were steady at $3,399.60.

Elsewhere, spot silver rose 0.8% to $38.17 per ounce, platinum eased 0.1% to $1,335.82 and palladium was flat at $1,129.37.