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HIBAPRESS – Agencies
Gold prices rose on Monday, October 12, supported by a weaker dollar and lower oil prices, as investors await key US inflation data for clues on the Federal Reserve's next monetary policy move.
Spot gold climbed 0.3% to $4206.01 per ounce, after hitting its highest level since October 2 earlier in the day.
Gold futures in the US for December delivery rose 0.3% to $4230.40.
In other precious metals, spot silver rose 0.5% to $61.12 per ounce.
Platinum also increased by 1% to $1704.70, and palladium rose by 1.2% to $1161.81.
