HomeInternational NewsGold rises above 2% on Wednesday

Gold rises above 2% on Wednesday

NEW YORK, Mar 4 (WAM/APP): Gold prices climbed 2 percent on Wednesday, rebounding from a more than one-week low hit in the previous session.

Spot gold gained 1.8 percent to US$5,175.39 per ounce by 0925 GMT. US gold futures for April delivery added 1.2 percent to $5,186.90.

Additionally, spot silver advanced 4.5 percent to $85.74 per ounce on Wednesday, after falling more than 8 percent in the ​last session.

In other metals, spot platinum added 3.7 percent to $2,159.45 per ounce, while palladium gained 3 percent to $1,697.08.

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