Saturday 04 / January / 2025
Singapore: Gold prices rose on Thursday, continuing the strong performance recorded last year (2024), amid anticipation of more indicators regarding the future of interest rates in the United States and policies of President-elect Donald Trump on tariffs.
Spot gold increased by 0.39% to $2634.15 per ounce. US gold futures also rose by 0.2% to $2646.30 per ounce.
The US dollar index fell by 0.1%, making bullion more attractive to holders of other currencies.
As for other precious metals, silver rose by 1.5% to $29.29 per ounce, palladium climbed by 0.9% to $912.26 per ounce, and platinum increased by 0.7% to $917.14 per ounce.
