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Singapore: Gold prices rose today amid growing concerns about inflation and the possibility of a US interest rate hike.
Spot gold rose 0.4 percent to USD 4,512.79 per ounce, marking a gain of about 0.1 percent since the start of the week.
US gold futures also rose 0.2 percent to USD 4,543.10 per ounce.
As for other precious metals, spot silver rose 0.7 percent to USD 76.17 per ounce, platinum climbed 0.2 percent to USD 1,926.18, and palladium gained 0.9 percent to USD 1,380.94 per ounce.
