Washington: Gold prices rose slightly on Friday amid growing concerns over inflation and US interest rate hikes. By 0113 GMT, spot gold increased 0.4 percent to $4,512.79 per ounce. The precious metal has gained about 0.1 percent since the start of the week. US gold futures rose 0.2 percent to $4,543.10. According to Yemen News Agency, other precious metals also saw increases. Spot silver rose 0.7 percent to $76.17 per ounce, platinum increased 0.2 percent to $1,926.18, and palladium gained 0.9 percent to $1,380.94.
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