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Gold prices rise globally by more than 2% amidst a decline in the dollar. </p>
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]]]]]]]]]]><![CDATA[><![CDATA[><![CDATA[><![CDATA[>]]]]]]]]><![CDATA[><![CDATA[><![CDATA[>]]]]]]><![CDATA[><![CDATA[>]]]]><![CDATA[>]]></style>Updates
Gold prices in the spot market surged by 2.1% to reach $4,568.29 per ounce, while U.S. gold futures for April delivery increased by 3.8% to $4,569.40, bolstered by the decline of the dollar, which reduced the cost of the metal for holders of other currencies.
Meanwhile, the drop in oil prices has eased concerns about rising inflation and global interest rates, amid reports of a potential end to the conflict in the Middle East.
Other precious metals also saw significant increases, with silver in the spot market rising by 3.8% to $73.94, platinum increasing by 2.6% to $1,984.05, and palladium climbing by 1.5% to $1,461.75.
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