Economy

Gold and Precious Metals Prices Rise

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Gold prices rose on Thursday, continuing their strong performance from last year. This increase comes amid anticipation of further signals about U.S. interest rate policies and the trade strategies of President-elect Donald Trump.

Spot gold gained 0.39%, reaching $2,634.15 per ounce. U.S. gold futures rose by 0.2% to $2,646.30 per ounce.

Meanwhile, the dollar index declined by 0.1%, making dollar-denominated bullion more appealing to holders of other currencies.

As for other precious metals, silver climbed 1.5% to $29.29 per ounce. Palladium rose by 0.9% to $912.26 per ounce, and platinum increased by 0.7%, reaching $917.14 per ounce.

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