Gold, Silver Extend Gains on Weaker Dollar
Singapore, February 9 (QNA) - Gold and silver prices extended their gains in early Asian trading on Monday, buoyed by a weaker US dollar, while investors looked ahead to a key US jobs report later this week for clues on the future path of interest rates.
Spot gold rose 1.4% to $5,029.09 an ounce, after surging nearly 4% in the previous session.
US gold futures for April delivery also advanced 1.4% to $5,051.00 an ounce.
Spot silver jumped 2.5%, following a sharp 10% rally on Friday.
Among other precious metals, spot platinum gained 1.8% to $2,134.18 an ounce, while palladium rose 1.8% to $1,737.75 an ounce. (QNA)
English
Français
Deutsch
Español