Gold Price Rises After U.S. Inflation Figures

Gold futures prices rose again today following the release of the US inflation figures for November on Friday (December 13). Inflation reached 6.8%, the highest level in almost 40 years, which prompted the market to keep an eye on the FOMC meeting on December 15.

Gold futures were up 0.10% to $1,786.55 after climbing 0.8% on Friday.

In the Asia-Pacific region, data released today for Japan show the Tankan index for major producers at 18 and the Tankan index for non-major producers at 9 in the fourth quarter of 2021.

Gold’s price volatility has deterred buyers in India over the past week, however, demand for physical gold was strong in leading Asian centers last week.

Other precious metals: silver rose 0.4%, platinum was unchanged at $942.00 and palladium rose 1.4%.Gold Price Rises After U.S. Inflation Figures

The Spot Market is Open

Monday, December 13, 2021

Metals
Updated at
USD
Bid/Ask
Ounce
Change

Low/High
Gold
20.00
1,787.00
1,788.00
+4.10
0.23%
1,782.10
1,792.40
Silver
20.00
22.32
22.42
+0.14
0.63%
22.12
22.42
Platinum
20.00
941.00
951.00
0.00
0.00%
936.00
963.00
Palladium
20.00
1,690.00
1,840.00
-11.00
-0.65%
1,688.00
1,879.00
Rhodium
20.00
12,800.00
14,800.00
0.00
0.00%
12,800.00
14,800.00

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