and fell dollar index 0.5 percent is close to a two-week low against rival currencies, which makes gold more attractive to holders of other currencies. US bond yields also declined.
Data is expected Consumer Price Index in the United States Next Thursday, economists are expecting the monthly and yearly key numbers to drop to 0.5% and 6.5%, respectively.
Other precious metals benefited from the rise in gold as silver rose 3.3% to $ 21.47 an ounce, the highest level since late June.
Platinum gained 1.5% to $ 993.96 and Palladium was up 1% to $ 1,915.64 an ounce.
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climb gold In spot transactions, 2.2% to 1712.20 per ounce by 1055 EDT (1555 GMT), the highest level since October 7. US gold futures rose 2% to $ 1,714.60.
and fell dollar index 0.5 percent is close to a two-week low against rival currencies, which makes gold more attractive to holders of other currencies. US bond yields also declined.
Data is expected Consumer Price Index in the United States Next Thursday, economists are expecting the monthly and yearly key numbers to drop to 0.5% and 6.5%, respectively.
Other precious metals benefited from the rise in gold as silver rose 3.3% to $ 21.47 an ounce, its highest level since late June.
Platinum gained 1.5% to $ 993.96 and Palladium was up 1% to $ 1,915.64 an ounce.
