Erbil:Gold prices rose more than 1% on Monday, continuing their upward trajectory after a significant increase the previous week.
According to Wam, spot gold increased by 1.4%, reaching $4,123.46 per ounce by 0428 GMT. Similarly, U.S. gold futures for December delivery experienced a 1.4% rise, hitting $4,132.70. Last week, bullion saw gains of approximately 5%.
In addition to gold, other metals also experienced price increases. Spot silver climbed 2.5% to $53.15 per ounce, platinum rose by 1.3% to $1,553.23, and palladium increased by 2.1% to $1,045.11.