Gold rises with the decline of the dollar and anticipation of US jobs data
Gold prices rose on Wednesday, supported by a weak dollar and lower US Treasury yields, as investors awaited key US jobs data later in the day for indications of the Board’s monetary policy directions Federal Reserve.
The price of gold in spot transactions rose by 1.4% to reach $5,096.23 per ounce, while gold futures in the United States (April delivery) rose by 1.9% to $5,126.80 per ounce.
Meanwhile, the price of silver rose 6.2% to $85.69 per ounce, after falling by more than 3% in the previous session.
And in Other precious metals: Platinum rose 4% to $2,170.12 per ounce, and palladium gained 2.6% to $1,752.55." target="_blank">The US dollar fell to its lowest level in nearly two weeks, making gold priced in dollars cheaper for holders of other currencies.
In addition, benchmark 10-year US Treasury yields fell to their lowest level in about a month, after data showed a decline in core retail sales in December 2025.
Investors expect at least two interest rate cuts of 25 basis points in 2026, according to the tool "videowatch" concerned with monitoring the path of US interest rates.
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