Ammon News - Gold prices edged higher on Tuesday from a five-week low hit in the previous session, although gains were limited as elevated crude oil prices kept inflation fears alive and clouded the U.S. interest rate outlook.
Spot gold rose 0.3% to $4,533.40 per ounce by 0417 GMT, after a more than 2% drop on Monday.
U.S. gold futures for June delivery inched 0.2% higher to $4,542.50.
Spot silver was steady at $72.73 per ounce, platinum gained 1% to $1,964, and palladium was up 0.8% at $1,492.27.
Reuters
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