Gold prices increased today, Thursday, by more than one percent, recovering from the lowest level in a week recorded in the previous session. This rise comes amid a decline in the dollar and investor anticipation regarding the trajectory of U.S. interest rates.
Spot gold prices rose by 1.3 percent, reaching $4,158.63 per ounce. This increase follows a drop to the lowest level since October 7, which occurred yesterday, Wednesday.
Meanwhile, U.S. gold futures for December delivery climbed by 1.8 percent, hitting $4,180 per ounce.
In other precious metals markets, silver prices in spot transactions increased by 1.1 percent, reaching $56.26 per ounce. Platinum also saw a rise of 0.3 percent, reaching $1,611.15. Additionally, palladium gained 1.3 percent, bringing its price to $1,107.83 per ounce.
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