Gold prices up in spot trading as decline in oil prices eases inflation fears

Gold prices up in spot trading as decline in oil prices eases inflation fears

CAPITALS, 11th March, 2026 (WAM) -- Gold prices rose in spot trading this morning as a decline in oil prices eased inflation fears, while investors await a series of US economic data releases this week to assess the Federal Reserve's policy outlook.

Gold prices rose 4% to $5,213.99 per ounce. Spot silver rose 6% to $88.89. Spot platinum gained 1% at $2,221.48, while palladium up 1.5% ​to $1,679.73.