Gold rises 1%, recovering from the lowest level in a week

Today, Monday, gold recorded an increase of about one percent, recovering from its lowest level in more than a week, which it achieved in the previous session, and by 1400 GMT, gold in instant transactions rose 0.9 percent to $4,199.07 per ounce, after it fell on Friday, to the lowest level since June 11.

As for other precious metals, silver rose in spot transactions 2.4 percent to $66.46 per ounce, platinum increased 1.7 percent to $1,691.54, and palladium rose 1 percent to $1,271.25.