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Gold, Silver, and Platinum up

ByVictoria

Gold prices rose on Monday, supported by a weaker U.S. dollar ahead of U.S.-China trade talks aimed at resolving tensions, while platinum extended gains for a sixth straight session to scale a four-year peak.

Spot gold rose 0.4% to $3,323.71 an ounce, as of 0806 GMT, after dropping earlier in the session to $3,293.29, its lowest level since June 2.

Spot platinum rose 3% to $1,210.80, its highest level since May 2021.

Spot silver was up 1% to $36.3 per ounce, while palladium rose 2.3% to $1,070.97.

Source – Reuters

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    Gold prices in Lucknow continue to reflect the national upward trend, with 22-karat gold priced at Rs 9,395 per gram and 24-karat (999) gold at Rs 10,248 per gram as of Wednesday. These rates are slightly higher than those in several other major cities, including Chennai, Mumbai, Bengaluru, Hyderabad, and Kolkata, where 22K gold is priced at Rs 9,380 and 24K gold at Rs 10,233 per gram.

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    Rs – means Relative Strength and is used in momentum investing and in identifying value stocks.

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    RS – means Relative Strength in finance.

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