2018-11-01
Gold prices rose on Thursday from a three-week low hit in the previous session as metal prices fell recently and the dollar slipped from a multi-month high, boosting buying.
 
By 0744 GMT, spot gold prices rose 0.8 percent to $ 1222.41 an ounce after falling for three sessions in a row.
 
Gold touched its lowest level since October 11 at $ 1211.52 an ounce on Wednesday.
 
US gold futures rose 0.9 percent to $ 1225.4 an ounce.
 
The dollar index, which tracks the performance of the greenback against a basket of six major currencies, fell 0.4 percent after rising to a 16-month high in the previous session.
 
For other precious metals, platinum rose 1.4 percent to $ 847.50 an ounce after touching a two-week high of $ 849.50 an ounce earlier in the session.