2024-02-19T05:32:57+00:00
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/ Gold prices rose to near their highest level in a week on Monday, supported by a slight decline in the US dollar and increased tensions in the Middle East, which boosted appetite for safe havens.
Spot gold was up 0.4 percent at $2,021.09 an ounce by 03:35 GMT, its highest since Feb. 13. U.S. gold futures were up 0.4 percent at $2,032.40 an ounce.
Meanwhile, the dollar index fell 0.1 percent, making the dollar-priced precious metal more attractive to buyers holding other currencies.
Among other precious metals, spot platinum fell 0.4 percent to $902.37 an ounce, palladium rose 0.9 percent to $958.66 an ounce, and silver fell 1.2 percent to $23.12 an ounce.