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Gold, Silver Prices Edge Higher as US Treasury Yields Decline

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Singapore, February 11 (QNA) - Gold and silver prices edged higher on Wednesday as US Treasury yields declined following data showing a stall in December retail sales growth, signaling a potential economic softening ahead of key labor market data.

Spot gold rose 0.3% to $5,038.73 per ounce, while US gold futures for April delivery gained 0.6% to $5,060.60 per ounce.

Spot silver also advanced 1% to $81.49 per ounce, recovering after a decline of more than 3% in the previous session.

Spot platinum added 0.6% to $2,098.78 per ounce, while palladium rose 0.2% to $1,712.25. (QNA)

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