Doha: Gold prices rose to a near two-month high on Monday: Gold prices surged to levels not seen since late April, marking a significant upswing in the precious metals market. Spot gold held steady at $3,428.89 an ounce after reaching its highest point since April 22 earlier in the trading session.

According to Qatar News Agency, while spot gold maintained its position, US gold futures saw a slight decline, down 0.1% to $3,448.10. The fluctuations in gold prices come amid broader movements in the market for precious metals.

In other commodities, spot silver experienced a marginal decrease of 0.1%, bringing its price to $36.28 per ounce. Meanwhile, platinum recorded a 0.4% increase, reaching $1,233.12. Palladium, however, showed a more robust gain, climbing 1.4% to $1,041.85 per ounce. These shifts reflect varying investor sentiment and demand across the precious metals sector.