London - Sana
Gold rose today to its highest levels in light of the decline in the dollar and growing hopes for a new financial stimulus to the US economy.
Reuters reported that the spot price of gold was up 0.9 percent to $ 1896.96 an ounce, while US gold futures contracts rose 1.1 percent to determine the settlement price at $ 1903.20.
As for the other precious metals, silver rose 2.6 percent to $ 24.33 an ounce, platinum rose 1 percent, recording $ 887.73, and palladium rose 2.5 percent to $ 2311.7 an ounce.