Gold rose for a third straight session on tuesday to its highest in more than two months:ate outlook. Spot gold climbed 1% to $4,432.74 per ounce, hitting its highest level since June 5, while US gold futures rose 1.7% to $4,492.60.
According to Qatar News Agency, among other metals, spot silver rose 0.9% to $66.30 per ounce, platinum gained 0.7% to $1,765.26, and palladium climbed 0.8% to $1,394.00. Investors are closely monitoring the inflation data as it could influence the Federal Reserve's decision on future interest rates, impacting the demand for precious metals as safe-haven assets.