London - Sana
Gold rose today as the yellow metal's appeal in the face of inflation was boosted by expectations of a massive US stimulus package, despite the strong dollar curbing the gains.
Reuters reported that gold rose in spot transactions 0.1 percent to $ 1856,33 an ounce, and US gold futures won 0.1 percent to $ 1856,80.
Gold received more support, as the 10-year US Treasury bonds hovered near the three-week low that it touched in the previous session, but the dollar rose 0.1 percent, which increases the cost of gold on holders of other currencies.
Regarding other precious metals, silver stabilized at $ 25.30 an ounce, and platinum lost 1.3 percent to $ 1084.10, and palladium fell 0.1 percent to $ 2333.02.