Gold Rises as Dollar and Yields Ease

Muscat: Gold prices rose today as the US dollar and Treasury yields eased, while investors prepared for US nonfarm payrolls data that could influence expectations for the Federal Reserve's next policy move. Spot gold increased by 0.5% to $4409.97 per ounce after reaching a near one-month low in the previous session. US gold futures also climbed 0.9% to $4455.30 per ounce.

According to Oman News Agency, other precious metals also saw gains. Spot silver increased by 0.6% to $65.74 per ounce, platinum rose 0.6% to $1770.88, and palladium went up by 0.6% to $1354 per ounce.