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Gold Rebounds from One-Month Low

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Singapore, April 30 (QNA) - Gold prices rebounded on Thursday from a one-month low hit the day before, supported by a weaker US dollar, despite rising oil prices that kept concerns about inflation and the prospect of higher interest rates for a longer period.

Spot gold ‌climbed 0.6% to $4,566.73 per ounce, after falling to its lowest level since March 31 in the previous session.

US gold futures for June ​delivery rose 0.4% to $4,578.50.

Spot silver rose 1% ⁠to $72.18 per ​ounce, platinum gained 1.7% to $1,911, and palladium rose 0.9% to $1,470.40. (QNA)

Economy

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