Gold Rebounds from One-Month Low
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)
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