Wednesday 5 Aug 2026 Abu Dhabi UAE
Prayer Timing
Today's Edition
Today's Edition
Business

Gold extends gains on Wednesday

Gold extends gains on Wednesday
5 Aug 2026 09:27

WORLD CAPITALS (WAM)

Gold rose for a third straight session on Wednesday, helped by a ‌softer dollar and lower oil prices, while investors awaited US jobs data for clues on the interest-rate outlook.

Spot gold was up 1.3 percent at $4,127.04 per ounce, as of 0253 GMT. US gold futures ​rose 0.8 percent to $4,184.40.

Spot silver gained 1.9 percent to $60.64 per ounce ​and platinum climbed 1.4 percent to $1,758.35, its highest level since mid-June.

Palladium rose 0.9 percent to $1,365.62, up for a second ​straight session.

Copyrights reserved to Aletihad News Center © 2026