HomeInternational NewsGold extends gains on softer dollar

Gold extends gains on softer dollar

NEW YORK, Feb 9 (WAM/APP): Gold and silver extended gains on Monday as the dollar weakened.

Spot gold rose 1.4 percent to US$5,029.09 per ounce by 0037 GMT after a near four percent climb on Friday. US gold futures for April delivery gained 1.4 percent to US$5,051.0 per ounce.

Spot silver was up 2.5 percent after a 10 percent gain in the previous session.

Spot platinum rose 1.8 percent to US$2,134.18 per ounce, while palladium gained 1.8 percent to US$1,737.75.

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