Gold rises on weaker dollar

emirates7 - Gold prices rose more than 1 percent on ‌Monday, supported by a weaker dollar and easing oil prices, as investors weighed prospects of a breakthrough in US-Iran peace negotiations.

Spot gold was up 1.1 percent at $4,559.29 per ounce, as of ​0359 GMT. Meanwhile, US gold futures for June delivery gained 0.8 percent to $4,560.30.

Spot silver climbed 2.8 percent to $77.61 per ounce, platinum rose 1.9 percent to $1,958.35, and palladium was up 2.3 percent ​at $1,379.31.