Gold Rebounds from Two-Week Low

Gold prices rose on Monday after hitting a two-week low, buoyed by a drop in U.S. Treasury yields. By 0156 GMT, spot gold increased by 0.3 percent to $3345.64 per ounce, after registering its lowest level since early August.

U.S. gold futures for December delivery also climbed by 0.3 percent to $3391.80. In terms of other precious metals, silver grew by 0.3 percent in spot transactions reaching $38.08 per ounce.

Platinum saw a rise of 0.8 percent to $1346.61 per ounce, while palladium experienced a notable increase of 1.3 percent, climbing to $1126.85 per ounce. These movements in the market indicate a positive trend for the precious metals amidst current economic conditions.