Gold Prices Surge Over 1% Amid Dollar Decline and Hopes for Middle East Peace Deal
Gold Prices Rise
Gold prices increased by more than 1% on Wednesday, driven by a decline in the dollar and hopes for a peace deal in the Middle East.
- The spot price of gold rose by 1.7% to reach $4,633.31 per ounce.
- American gold futures contracts (June delivery) also surged by 1.7% to $4,643.20 per ounce.
Other Precious Metals
- Silver prices saw a significant increase, rising by 2.7% to $74.80 per ounce.
- Platinum prices also gained 1.7% to reach $1,986.25 per ounce.
- Palladium prices surged by 2.1% to $1,516.44 per ounce.
Note: The original article was translated from French to English, and the formatting was adjusted to Markdown format for better readability.
