Gold rises 1.3% amid investors’ eagerness to buy

Capitals, July 10, WAM/ ⁠Gold prices rose by more than one percent on Thursday, with investors buying to seize opportunities after the precious metal fell to its lowest level in a week.

Gold rose in spot transactions 1.3 percent to $4,130.58 per ounce, after falling on Wednesday to its lowest levels since July 1.

US gold futures for August delivery also rose 1.4 percent to $4,140.80 an ounce.

As for other precious metals, silver rose in spot transactions 3.4 percent to $60.25 per ounce, while the price of platinum rose 2.3 percent to $1,615.25. The price of palladium increased 3.3 percent to $1,253.25.

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