London - Sana
Gold rose today, hovering near the peak of a week, which it reached in the previous session, as the attractiveness of the yellow metal increased as a hedge in the face of inflation after the dollar fell and hopes for a US stimulus package increased.
Reuters reported that gold rose in spot transactions 0.3 percent to 1842.90 dollars an ounce, and prices reached their highest levels since the second of February to 1848.40 dollars yesterday.
And the US gold futures contract won 0.4 percent to $ 1845.30.
The dollar fell to near its lowest level in two weeks against its rivals.
As for other precious metals, platinum reached its highest level since February 2015 at $ 1208.50, and rose in the most recent transactions by 2.43 percent to $ 1203.24.
In spot transactions, silver gained 0.4 percent to 27.32 dollars an ounce, while palladium rose 0.2 percent to 2323.35 dollars.
