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Spot gold prices increase 0.4%
Gold prices rose in spot trading by 0.4%, reaching $4,080.38 per ounce, while U.S. gold futures increased by 1.1% to $4,078 ahead of next week's U.S. interest rate decision. Other precious metals also saw gains, with silver up by 1% to $58.20, platinum rising by 0.3% to $1,616.84, and palladium climbing by 1.9% to $1,270.50 per ounce. The rise in gold comes amid a declining dollar and lower U.S. bond yields, as investors await the interest rate decision and its potential impact on the markets.
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