Gold prices rose on Monday after reaching their lowest level in two weeks, supported by a decline in U.S. Treasury yields as investors await a meeting between U.S. President Donald Trump, Ukrainian President Volodymyr Zelensky, and European leaders to discuss a peace agreement with Russia.
Spot gold increased by 0.3% to $3,345.64 an ounce, having recorded its lowest level since August 1. Meanwhile, U.S. gold futures for December delivery also rose by 0.3% to $3,391.80.
For other precious metals, silver in spot transactions climbed 0.3% to $38.08 an ounce, platinum rose by 0.8% to $1,346.61 an ounce, and palladium increased by 1.3% to $1,126.85 an ounce.
