Gold Prices Rise as Dollar Weakens

Gold prices rose on Tuesday, supported by a weaker dollar, as traders awaited plans for tariffs from U.S. President-elect Donald Trump and U.S. job data for clues on the Federal Reserve’s interest rate trajectory.

Spot gold climbed 0.4% to $2,644.79 per ounce, while U.S. gold futures increased 0.3% to $2,655.00.

Other Precious Metals The upward trend extended to other precious metals:

• Silver rose 0.6% to $30.12 per ounce.
• Platinum gained 0.6% to $938.55.
• Palladium increased 0.4% to $924.52.