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Gold Prices Rise on Weaker US Dollar

Umm salal: Gold prices rose Thursday, supported by a weaker dollar and increased demand for safe-haven assets, amid uncertainty over US tariff policy and talks between the United States and Iran. Spot gold climbed 0.3 percent to $5,183.85 per ounce, marking its highest level in over three weeks on Tuesday.

According to Qatar News Agency, US gold futures for April delivery fell 0.5 percent to $5,200.50. Among other precious metals, spot silver dropped 0.6 percent to $88.84 per ounce after hitting a three-week high on Wednesday.

Spot platinum fell 0.5 percent to $2,274.16 per ounce, while palladium retreated 1.4 percent to $1,770.05. Both metals reached their highest levels in three weeks during the previous session.