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Singapore, May 25 (QNA) – Gold prices rose more than 1% on Monday, supported by a weaker dollar and lower oil prices, amid hopes for progress in peace talks between the United States and Iran.
Spot gold climbed 1.4% to $4,570.88 per ounce.
US gold futures for June delivery rose 1.1% to $4,572.90 per ounce.
Among other precious metals, spot silver jumped 3.9% to $78.42 per ounce. Platinum rose 1.9% to $1,959.85 per ounce, and palladium gained 1.9% to $1,373.25 per ounce. (QNA)
