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Gold Rises on Softer DollarSingapore, 19 May (ONA) — Gold prices today climbed as a softer dollar and renewed trade tensions fueled safe-haven demand.
Spot gold was up 0.7% at $3,223.55 an ounce, and US gold futures gained 1.3% to $3,228.70.
Gold shed more than 2% on Friday and posted its worst week since November 2024, as increased risk appetite from the US-China trade agreement weighed.
Spot silver firmed 0.5% to $32.42 an ounce, platinum rose 0.3% to $990.71 and palladium gained 0.5% to $965.23.— Ends/Khalid