Gold Prices Rebound After 1% Drop in Previous Session

Doha: Gold regained ground on Wednesday following a 1% drop in the previous session. Spot gold rose 0.1% to $4,212.50 per ounce, after falling more than 1% in the previous session. US gold futures for December delivery were up 0.7% at $4,250.80 per ounce.

According to Qatar News Agency, elsewhere in the metals market, silver fell 0.2% to $58.32 per ounce. Platinum experienced a decline of 0.4%, bringing its price to $1,631.10. Palladium also saw a reduction, losing 0.6% to settle at $1,458.83.