Gold prices hit a more than one-week high on Tuesday, a day after posting sharp gains on increased market uncertainty due to the Middle East conflict as dovish remarks from top US Federal Reserve officials weighed on the dollar and bond yields.
Spot gold climbed 0.1% to $1,862.80 per ounce, its highest since Sept. 29. U.S gold futures climbed 0.7% to $1,876.90.
Gold prices closed about 1.6% higher on Monday, its biggest one-day jump in five months.
Among other metals, spot silver gained 0.2% to $21.85 per ounce, platinum rose 0.3% to $889.11 and palladium climbed 0.5% to $1,144.82.
Source: Qatar News Agency