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Gold rises on weaker dollar, lower US yields

April 16, 2026 / 11:17 AM
Gold rises on weaker dollar, lower US yields
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Sharjah24-WAM: Gold prices rose on Thursday, supported by a weaker dollar and lower US Treasury yields.

Spot gold rose 0.9 per cent to $4,830.82 per ounce by 04:55 GMT.

US gold futures for June delivery rose 0.6 per cent to $4,853.40.

Among other metals, spot silver rose 2 per cent to $80.61 per ounce, platinum gained 1.6 per cent to $2,143.08, and palladium was up 1.4 per cent at $1,592.84.

April 16, 2026 / 11:17 AM

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