Gold prices advanced to a near one-month high on Thursday supported by a softer US dollar, after US inflation data raised hopes that the Federal Reserve would soon stop tightening its monetary policy.
Spot gold rose 0.1 percent to USD 1959.79 per ounce, hitting its highest since June 16, while US gold futures gained 0.1 percent to USD 1964.30.
Among other precious metals, spot silver rose 0.3 percent to USD 24.2163 per ounce and palladium gained 0.7 percent to USD 1,292.19.
Platinum jumped to its highest since June 21, last up 0.8 percent to USD 954.26.
Source: Qatar News Agency