Gold prices increased with the decline of the dollar on Tuesday, rising by 0.2% in spot transactions. U.S. gold futures also saw a 0.2% increase. The dollar approached its lowest level in two months amid the possibility of interest rate cuts. A weaker dollar makes gold cheaper for foreign currency holders. Regarding other precious metals, silver rose by 0.7% in spot transactions, platinum increased by 0.5%, and palladium saw a rise of 0.6%.
Gold Rises with Dollar Decline
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