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Gold prices on the rise

MediaIn / Agencies / January 11, 2018

Gold prices rose on Thursday after touching their highest level since September in the previous session on the back of falling stock prices. By 0655 GMT, spot gold rose 0.1 percent to $ 1317.93 an ounce. Gold hit its lowest level since September 15 at $ 1326.56 an ounce on Wednesday. US gold futures fell 0.1 percent to $ 1319.10 an ounce. For other precious metals, spot silver rose 0.2 percent to $ 17.01 an ounce. Silver fell to a two-week low of $ 16.86 an ounce on Wednesday. Platinum was little changed at $ 968.24 an ounce after hitting a four-month high of $ 974 an ounce in the previous session.
Palladium rose 0.1 percent to $ 1084.40 an ounce after recording the worst one-day drop in more than a month yesterday. Palladium rose to a record $ 1111.40 an ounce on Tuesday.

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