The decline of the dollar boosts gold prices.

The decline of the dollar boosts gold prices.

- in Economy

Gold prices rose on Thursday, supported by a slight decline in the dollar exchange rate and bond yields, while investors closely monitor developments in trade negotiations amid President Donald Trump’s expansion of tariffs.

As a result, gold in spot transactions increased by 0.3 percent to $3,322.46 an ounce, while U.S. gold futures rose by 0.3 percent to $3,331 an ounce.

In terms of other precious metals, silver in spot transactions climbed 0.2 percent to $36.41 an ounce, while platinum fell by 0.3 percent to $1,343.22. Palladium, on the other hand, edged up by 0.1 percent to $1,106.25.

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