Gold prices rose today, Friday, despite pressure from the strength of the dollar and the rise in US Treasury bond yields, while investors are evaluating the decisions of major central banks to adhere to high interest rates.
Gold rose in spot transactions by 0.2 percent to $1,923.29 per ounce, after it recorded the largest daily decline yesterday, Thursday, since September 5th.
US gold futures also increased 0.2 percent to $1,943.10.
As for other precious metals, silver rose in spot transactions 0.4 percent to $23.47 per ounce, and is on track to record its best performance in four weeks. Platinum increased 0.7 percent to $925.77, and palladium jumped 0.8 percent to $1,272.85.
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