Doha: Gold prices climbed to a new all-time high on Tuesday, buoyed by a weaker US dollar and falling bond yields, as growing bets for a Federal Reserve rate cut this month lifted demand for the precious metal. Spot gold gained 0.5% to $3,651.96 per ounce. US gold futures for December delivery added 0.4% to $3,690.90.
According to Qatar News Agency, among other metals, spot silver edged up 0.1% to $41.36 per ounce. Platinum rose 1% to $1,396.42, while palladium added 1.4% to $1,149.47.