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Gold

Metals Rally as Dollar Weakens Ahead of US-China Trade Talks

The Quiet Bank Run in Gold
The Quiet Bank Run in Gold

Gold prices climbed 0.3% to $3,317.97 per ounce on Monday, driven by a weakening U.S. dollar ahead of crucial U.S.-China trade talks in London.

The precious metal continues to benefit from ongoing trade tensions, debt concerns, and expectations of slower economic growth.

Meanwhile, platinum surged 2.7% to a four-year high of $1,200.95, marking its sixth consecutive day of gains due to tight supply and improved industrial demand.

Eight more from the desk

Other dispatches from the bullion wire.