Gold prices rise

Gold prices rose in trading markets, heading towards weekly gains supported by a buying wave and a decline in the US dollar. Spot gold rose by 3.9 percent to $4,954.92 per ounce, while US gold futures climbed by 1.8 percent to $4,979.80 per ounce.

In turn, spot silver prices jumped by 8.6 percent to $77.33 per ounce, platinum rose by about 5.4 percent to $2,093.50 per ounce, and palladium increased by approximately 7 percent to $1,737.01.

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