Singapore, April 22 (QNA) - Gold prices firmed on Wednesday as lower oil prices, following a US extension of a ceasefire with Iran, eased fears of an inflation spike and prolonged high interest rates.

Spot gold rose 0.9% to $4,755.11 per ounce, as of 0225 GMT, after falling to its lowest level since April 13 on Tuesday.

US gold futures for June delivery gained 1.1% to $4,772.90.

Spot silver rose 1.5% to $77.84 per ounce, platinum gained 1.5% to $2,067.25, and palladium was up 1.8% at $1,560.31.

"We have been asked to hold our Attack on the Country of Iran until such time as their leaders and representatives can come up with a unified proposal," US President Donald Trump announced Tuesday night, noting that his decision came at the request of Pakistan. (QNA)