Gold rises to two-week high, supported by dollar decline
Qiyas summary
Prices of gold, silver, platinum, and palladium rise, supported by dollar decline
Translated by Qiyas from السياسة — Original source
Gold prices rose by approximately 2% today, reaching their highest level in two weeks, supported by a decline in the US dollar and lower yields on US Treasury bonds.
Spot gold climbed 1.9% to $4,134.83 per ounce, marking its highest level since October 22, 2026.
The precious metal had risen by about 3.4% on Wednesday, recording its largest single-day gain since August 19.
Among other precious metals, spot silver increased by 1.7% to $53.12 per ounce, platinum rose by 2.1% to $1,527.65, and palladium gained 2.6% to $1,030.14.
