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Gold prices rose today, approaching their highest level in seven months, supported by the decline in the dollar and hopes that the Federal Reserve will slow down the pace of raising interest rates.
Reuters reported that the price of gold rose 0.2 percent to $1868.89 an ounce.
US gold futures rose 0.2 percent to $1,873.80.
As for other precious metals, silver increased in spot transactions by 0.6 percent to $ 23.95, while platinum rose 0.5 percent to $ 1094.97, and palladium fell 0.1 percent to $ 1804.30.
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