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Gold prices climb on weaker dollar, Fed speculation
Nada Ali Published in Amwal Al Ghad on 05 - 05 - 2025

Gold prices increased by over one per cent on Monday, supported by a decline in the dollar, as investors awaited further information on the US-China trade talks and the upcoming Federal Reserve policy meeting.
As of 11:34 PM GMT, spot gold edged up 2.22 per cent to $3,312.87 per ounce, higher than its previous close of $3,240.88. Meanwhile, US gold futures rose 2.42 per cent to $3,321.66 per ounce, down from Friday's closing price of $3,243.3.
Attribution: Amwal Al Ghad English, Reuters
Subediting: M. S. Salama

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