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Gold Rises as Weaker Dollar and Anticipation of Possible Changes in Federal LeadershipSingapore, 26 Jun (ONA) —- Gold today edged higher, lifted by a weaker dollar and growing uncertainty after reports suggested US President Donald Trump was considering replacing Federal Reserve Chair Jerome Powell as early as September-October.
Spot gold edged up 0.2% at $3339.20 per ounce.
US gold futures rose 0.3% to $3353.10.
The dollar opens new tab fell to its lowest level since March 2022, making greenback-priced gold less expensive for overseas buyers.
Spot silver edged up 0.2 % to $ 36.36 per ounce, platinum firmed 2.3% to $1385.38, while palladium surged 5.5 % to $ 1115.58.—- Ends/Khalid
