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LoginGold Prices Rise Supported by Weaker Dollar
Singapore, April 16 (QNA) - Gold prices rose on Thursday, supported by a weaker dollar, while investors weighed growing optimism over a potential US-Iran deal to end the war that has pushed up energy prices and fueled fears of higher inflation.
Spot gold rose 0.9% to $ 4830.66 per ounce.
US gold futures for June delivery gained 0.6% to $4,852.40.
For other precious metals, spot silver rose 1.4% to $80.17 per ounce, platinum gained 1.2% to $2,134.55 and palladium was up 1.1% at $1,590.14. (QNA)
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