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    • Gold Rises 0.6% After One-Month Low Amid Dollar Weakness

    By on April 30, 2026
    Gold
    Gold

    Gold Recovers from Monthly Low as US Dollar Weakens

    Singapore:  Gold prices rebounded today after hitting a one-month low in the previous session, supported by a weaker US dollar, despite rising oil prices and ongoing concerns about inflation and interest rates.

    Spot gold rose by 0.6 percent to $4,566.73 per ounce, after declining to its lowest level since 31 March 2026 yesterday.

    US gold futures for June delivery increased by 0.4 percent to $4,578.50.

    Among other precious metals, spot silver gained 1 percent to $72.18 per ounce, platinum rose by 1.7 percent to $1,911, and palladium increased by 0.9 percent to $1,470.40.

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