Gold rises after sharp sell-off

London,SANA-Gold prices regained some ground on Friday after falling sharply in the previous session, ahead of a key U.S. inflation.

Reuters said that’’ Spot gold rose 0.3 percent to $2,372.25 per ounce, but was down /1/ percent so far this week.

Prices had hit their lowest since July 9 on Thursday after stronger-than-expected U.S. economic growth data.

Spot silver fell 0.9 percent to $27.73 per ounce under pressure from worsening industrial demand prospects after July’s decline in manufacturing activity in Japan and some other countries.

Platinum was down 0.1 percent  at $932.13 and palladium lost 0.4 percent to $903.02.

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