Gold Prices Rise Again

Gold prices rose on Monday after recent data boosted bets on a major US interest rate cut this month. Spot gold rose 0.5 percent to USD 2,506 an ounce, while US gold futures rose 0.4 percent to USD 2,536.10. Among other precious metals, spot silver rose 0.3 percent to USD 28.37 an ounce, platinum rose 1 percent to USD 911.58 and palladium gained 0.3 percent to USD 936.43. Source: Qatar News Agency