Gold rose to its highest level in six months

Gold rose to its highest level in six months

Gold prices rose to their highest level in six months on optimism about the easing of Covid-19 restrictions in China, and gold achieved gains of nearly $ 200 after falling to its lowest level in more than two years in late September.

Spot gold rose 1.1% to $1816.69 an ounce, after hitting $1832.99 earlier in the session, its highest level since June 27, and US gold futures rose 1.1% to $1823.1 an ounce.

As for other precious metals, silver rose 1.6% to $24.09 an ounce, platinum rose 0.2% to $1023.73, and palladium rose 4% to $1832.44.