Gold Rebounds Ahead of Ukraine Peace Talks

  • International
  • 18 August 2025
1

Gold prices rose on Monday after hitting a two-week low, supported by a decline in U.S. Treasury yields, while investors awaited the upcoming meeting between U.S. President Donald Trump, Ukrainian President Volodymyr Zelensky, and European leaders to discuss a peace agreement with Russia.

Spot gold rose 0.6 percent to $3,355.84 per ounce, after hitting its lowest level since August 1. U.S. gold futures for December delivery also increased 0.6 percent to $3,402.70 per ounce.

As for other precious metals, silver rose 0.3 percent in spot trading to $38.08 per ounce, platinum gained 0.8 percent to $1,346.61, while palladium increased 1.3 percent to $1,126.85.

Source (CNBC Arabia Website, Edited)

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