Gold Continues to Rise Amid Growing Bets on U.S. Rate Cuts

  • International
  • 5 August 2025
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Gold rose for the fourth consecutive session on Tuesday, supported by a weaker dollar and declining U.S. Treasury yields. Weaker-than-expected U.S. jobs data boosted bets on a rate cut in September.

Spot gold increased by 0.1 percent to $3,375.89 per ounce. U.S. gold futures also rose by 0.1 percent to $3,430.40.

Among other precious metals, silver gained 0.1 percent in spot trading to $37.44 per ounce. Platinum rose 0.1 percent to $1,330.31, while palladium increased 0.2 percent to $1,204.25.

Source: (Al Arabiya.Net Website, Edited)

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