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Gold Rallies to Three-Month High

Doha: Gold prices climbed 0.7% on Monday to their highest level in more than three months, extending a recent rally in the precious metal. Spot gold rose 0.7% to $4,636.34 an ounce, its highest level since May 15. US gold futures gained 0.3% to $4,694.80 an ounce.

According to Qatar News Agency, among other precious metals, spot silver rose 0.8% to $69.51 an ounce, while platinum gained 0.4% to $1,885.38 and palladium edged up 0.1% to $1,350.53. The rally in gold and other precious metals is being closely watched by investors and analysts, as market dynamics continue to evolve.

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