Gold Prices Rise 0.2% amid Risk Appetite Improvement

Gold edged up on Tuesday as the dollar slipped, although an improvement in risk appetite after efforts by regulators to allay fears over the global banking system.Spot gold was up 0.2% at $1,959.63 per ounce. US gold futures rose 0.3% to $1,960.30.The …

Gold edged up on Tuesday as the dollar slipped, although an improvement in risk appetite after efforts by regulators to allay fears over the global banking system.

Spot gold was up 0.2% at $1,959.63 per ounce. US gold futures rose 0.3% to $1,960.30.

The dollar index fell 0.2%, making bullion cheaper for buyers holding other currencies.

Silver fell 0.2% to $23.04 per ounce, while platinum rose 0.2% to $972.94 and palladium was up 0.1% at $1,409.70.

Source: Qatar News Agency