Gold prices rose Monday, June 26, in early Asian transactions, supported by the decline in the US dollar, although the prospect of raising US interest rates again this year to curb inflation negatively affected the appetite for the precious metal.
And gold increased in spot transactions 0.3% to 1926.29 dollars an ounce, and US gold futures rose 0.3% to 1936.10 dollars an ounce.
The dollar index fell 0.2%, which makes gold more attractive to buyers than holders of other currencies.
Gold fell 1.8% last week, after statements related to tightening monetary policy by several US Federal officials.
As for other precious metals, silver rose 0.7% to $22.57 an ounce, and platinum rose 0.8% to $924.13 an ounce.
Palladium rose 1% to $1,297.63 an ounce.
Palladium fell to a four-year low of $1,269.09 an ounce.
