Gold is peaking in two and a half years as the dollar retreats

Media In / Agencies January 25, 2018

Gold prices rose today to their highest level since August 2016, supported by the dollar’s decline to its lowest in three years.
By 0724 GMT, the spot price of gold rose 0.2 percent to $ 1360.56 an ounce after hitting its highest level since Aug. 3, 2016, at $ 1366.07.
US gold futures rose 0.3 percent to $ 1,359.70 an ounce. Silver rose 0.2 percent in spot trade to $ 17.60 after touching a four-month high of $ 17.69. Platinum rose 0.3 percent to $ 1015.24 after hitting its highest price since March 2017 at $ 1024.30. Palladium fell 0.1 percent to $ 1109.220.