Gold prices rose supported by the decline of the dollar

Gold rose today, supported by a 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, and US gold futures contracts for June delivery increased 0.3 percent to $4,516.30.

As for other precious metals, silver rose in spot transactions 0.6 percent to $77.40 per ounce, platinum stabilized at $1,957.75, while palladium increased 0.9 percent to $1,391.68.