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Gold rebounds after one-month low

May 05, 2026 / 11:02 AM
Gold rebounds after monthly low
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Sharjah24 - WAM: Gold prices moved higher on Tuesday, recovering from a more than one-month low recorded in the previous session.

Precious metals gain

Spot Gold rose by 0.5% to $4,541.39 per ounce, while U.S. gold futures for June delivery increased by 0.4% to $4,550.70.

Other precious metals also posted gains, with Silver edging up 0.4% to $73.03 per ounce. Platinum climbed 1.3% to $1,970.85, and Palladium advanced 1.2% to $1,497.91.

May 05, 2026 / 11:02 AM

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