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Gold Prices Experience Slight Increase Amidst Weekly Downtrend - Qatar Online News
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Gold Prices Experience Slight Increase Amidst Weekly Downtrend

Doha:Gold prices experienced a modest increase today, bouncing back from a one-year low recorded in the previous session. Despite this uptick, the prices remain poised for a weekly decline.

According to Qatar News Agency, in Asian spot trading, gold prices rose by 0.2 percent to USD 3,883.05 per ounce, following a significant 3 percent drop the day before. Meanwhile, US gold futures for December delivery remained stable at USD 3,887.

In the realm of other precious metals, spot silver saw a slight rise of 0.1 percent, reaching USD 50.07 per ounce. Platinum also increased by 0.3 percent to USD 1,523.55, and palladium climbed by 0.3 percent to USD 996.84. However, all three metals are still on track for a weekly loss.

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