London - Sana
Gold prices rose today in light of the decline in the dollar, after Janet Yellen, a candidate for the position of US Treasury Secretary, stressed the need for a major stimulus to help the economy recover from the Corona virus crisis.
Reuters reported that gold gained 0.6 percent in spot transactions to $ 1850.66 an ounce, as US gold futures contracts added 0.5 percent to $ 1850.
As for other precious metals, silver rose 0.8 percent to $ 25.40 an ounce, platinum rose 1.1 percent to $ 1095.13, and palladium's profit rose 0.6 percent to $ 2367.29.
