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<Commodity> Gold Rebounds as Middle East Situation Shifts
Amid the latest developments in the Middle East situation, gold prices rebounded by more than 1% on Thursday, supported by a softer US dollar and declining oil prices.Spot gold ros...
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Amid the latest developments in the Middle East situation, gold prices rebounded by more than 1% on Thursday, supported by a softer US dollar and declining oil prices.

Spot gold rose USD66.8, or 1.5%, to USD4,614.7 per ounce. Gold futures for June delivery increased USD66, or 1.4%, to USD4,625.7 per ounce.

Related NewsCore Inflation Rate MoM for Apr in United States is 0.4%, higher than the previous value of 0.2%. The forecast was 0.3%.
Silver futures for May delivery gained 2.3% to USD73.2 per ounce.

Copper futures for May delivery edged up 0.5% to USD5.91 per pound.

Platinum futures for July delivery climbed 3.4% to USD1,964.2 per ounce.

Related NewsRetail Sales YoY for Apr in the United States is 4.9%, higher than the previous value of 4.2%.
Palladium futures for June delivery rose 1.5% to USD1,490.5 per ounce.

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