RIYADH: Gold prices rose on Thursday, with greenback-priced bullion drawing on support from slightly lower US Treasury yields and a retreat in the dollar.
Spot gold was up 0.3 percent at $1,850.84 per ounce, as of 0719 GMT. US gold futures also climbed 0.3 percent to $1,855.00.
Silver up
Spot silver rose 0.6 percent to $21.94 per ounce.Â
Platinum gained 0.7 percent to $1,003.51, while palladium climbed 1 percent to $2,016.19.
Grains steady
US wheat futures recouped losses to edge higher on Thursday, after a sharp decline in the previous session, as the market gauged the impact of diplomatic talks to unblock Ukrainian ports.
The most-active wheat contract on the Chicago Board of Trade was up 0.22 percent at $10.43-1/2 bushel.
Corn shed 0.44 percent to $7.28 a bushel, while soybeans edged 0.06 percent higher to $16.91 a bushel.
Copper gains
Shanghai copper prices rose on Thursday as the lifting of COVID-19 curbs in top metals consumer China buoyed hopes of demand recovery, although a stronger US dollar limited the upside.
The most-traded July copper contract in Shanghai ended daytime trading up 0.7 percent at $10,803.56 a ton, as of 0718 GMT, in tepid trade, as the London Metal Exchange was shut for a public holiday.
(With input from Reuters)Â
