Gold prices rise above $1,100 on dollar drop

Mubasher: Gold prices maintained their bullish performance on Monday, rising 0.56% or $6.10 to reach $1,102.20 per ounce.

The gold was boosted by a fall in dollar against most global currencies. The dollar declined against a basket of currencies by 0.15% to $99.45.

Silver also rose by 0.41% to $14.105 per ounce.

Palladium increased by 1.11% to $499.61 per ounce, and platinum rose by 0.51% to 833.71.  

Mubasher Contribution Time: 25-Jan-2016 05:15 (GMT)