Doha: Gold prices rose on Monday, supported by a decline in US Treasury yields, while silver prices stabilized after a record surge last week. Spot gold increased by 0.3% to $4,313.08 per ounce, having earlier reached its highest level since Oct. 21.
According to Qatar News Agency, gold gains have exceeded 64% since the beginning of the year, shattering multiple records and making it one of the best-performing assets in 2025. US gold futures climbed 0.39% to $4,344.80 per ounce.
As for other precious metals, spot silver was steady at $62.02 per ounce, after hitting a record high of $64.64 on Friday before closing sharply lower. Spot platinum fell 0.2% to $1,741.82 per ounce, while palladium rose 0.4% to $1,493.40 per ounce.