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LoginGold Prices Climb Above $4,126 as Oil and Dollar Decline
New York, November 09 (QNA) - Gold prices rose more than 1 percent on Monday, supported by a weaker dollar and falling oil prices, which helped ease inflation concerns, as investors awaited US inflation data for clues about the Federal Reserve's interest rate trajectory.
Spot gold rose as much as 1.5 percent to $4,126.25 an ounce, while US gold futures for December delivery climbed to $4,135.50 an ounce.
Among other precious metals, spot silver gained as much as 1.4 percent to $52.61 an ounce. Platinum rose 1.9 percent to $1,561.57 an ounce, while palladium advanced 0.5 percent to $1,028.57 an ounce. (QNA)
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