Gold Prices Edge Up After Significant Drop

Gold prices rose slightly on Thursday after dropping more than 1% in the previous session.

Spot gold increased by 0.1%, reaching $2,905.12 per ounce.

Meanwhile, U.S. gold futures remained unchanged at $2,929.60.

As for other precious metals, silver edged up 0.1% to $32.26 per ounce, platinum remained steady at $992.32, and palladium gained 0.2%, reaching $975.48.