Gold rose supported by a decline in the dollar

Capitals, May 27, WAM – Gold rose today, supported by the decline in the dollar, with investors awaiting any signs of progress in the peace negotiations between the United States and Iran and their assessment of the monetary policy prospects of the Federal Reserve (the US central bank).

Gold rose in spot transactions 0.2 percent to $4,516.76 per ounce. US gold futures contracts for June delivery also increased 0.3 percent to $4,516.30.

As for other precious metals, silver rose in spot transactions by 0.6 percent to $77.40 per ounce, and platinum stabilized at

$1957.75, while palladium increased 0.9 percent to $1391.68.

-Except-

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and