Gold gains on softer dollar

Gold prices rose on Thursday, supported by a weaker dollar and lower US ‌Treasury yields.

Spot gold rose 0.9 per cent to $4,830.82 per ounce by 04:55 GMT.

US gold futures for ​June delivery gained 0.6 per cent to $4,853.40.

Among other metals, spot silver rose 2 per cent to $80.61 per ounce, platinum gained 1.6 per cent to $2,143.08, and palladium was ​up 1.4 per cent at $1,592.84.

WAM

Read Previous

Dubai Municipality completes 36% of Deira stormwater proj…

Read Next

UAE hotel revenues reach Dhs 49.21 billion in 2025, up 9.7%

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular