Amid the latest developments in the Middle East situation and assessment of the interest rate outlook, gold prices rebounded more than 1% on Thursday, supported by a weaker US dollar and lower oil prices.Spot gold rose 1.6% to USD4,617 per ounce. Gold futures for June delivery increased by USD68.1, or 1.5%, to USD4,629.6 per ounce.Related NewsFed Interest Rate Decision for April 2026 in the United States is 3.75%, unchanged from its last period. The forecast was 3.75%.Silver futures for July delivery rose 2.7% to USD74.028 per ounce.Copper futures for July delivery gained 0.8% to USD5.9805 per pound.Platinum futures for July delivery surged 5% to USD1,994.6 per ounce.Related NewsPersonal Income MoM for Mar in United States is 0.6%, higher than the previous value of 0.0%. The forecast was 0.3%.Palladium futures for June delivery advanced 4.4% to USD1,533.3 per ounce.(sw/t)
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