Gold prices rise in volatile trade as the dollar declines By Reuters

© Reuters. Gold bars, part of the Portuguese reserve, at the fortified complex of the Bank of Portugal in Alenquer on May 17, 2022. Photo: Pedro Nunez/Reuters

(Reuters) – It rose in choppy trading on Monday after being boosted by a decline, although some investors’ shift to riskier assets in Asia limited those gains.

It rose 0.2 percent to $ 1856.86 an ounce at 0152 GMT. US futures rose 0.1 percent to $1,859.40 an ounce.

As for other precious metals, spot transactions rose 0.1 percent to $22.13 an ounce, platinum rose 0.1 percent to $954.51 and rose 0.8 percent to $2,079.39.

(Prepared by Ahmed Sobhi for the Arab Newsletter)

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