Gold Prices Surge as Dollar Weakens

Today, gold prices witnessed an increase, supported by the decline in crude oil prices and a weaker dollar.

In the spot market, gold rose by 0.4 percent to reach 4450.16 dollars per ounce.

The American gold futures for August delivery went up by 0.2 percent, reaching 4477 dollars.

Regarding other precious metals, silver in the spot market increased by 0.8 percent to 73.26 dollars per ounce.

Platinum grew by 0.2 percent to 1863.25 dollars, while palladium climbed 0.5 percent to 1307.67 dollars.