Doha: Gold prices jumped more than 1% on Thursday on bargain buying, a day after the bullion hit a one-week low amid optimism over the US-China trade deal. Spot gold rose 1.5% to $3,335.39 an ounce, while US gold futures gained 1.5% to $3,344. The dollar index fell 0.3% against its peers, making greenback-priced bullion cheaper for overseas buyers.
According to Qatar News Agency, spot silver fell 0.6% to $33.33 an ounce. In addition, platinum was down 0.4% at $968.60, and palladium lost 0.8% to $936.63. These movements in the precious metals market reflect ongoing investor responses to global economic developments and currency fluctuations.