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Gold Prices Decline Amid Inflation Concerns

May 11, 2026اقتصاد | الإذاعة الجزائريةradioalgerie.dzTranslated from Arabic
Gold Prices Decline Amid Inflation Concerns

Gold prices fell on Monday amid concerns over rising inflation and the possibility of high interest rates persisting for a longer period. Spot gold dropped 0.6 percent to $4684.32 an ounce. U.S. gold futures for June fell 0.8 percent to $4692.70. For other precious metals, silver rose 0.7 percent in spot transactions to $80.88 an ounce, platinum decreased 0.6 percent to $2042.71, and palladium fell 0.4 percent to $1484.99.

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