Manama:Gold prices witnessed a significant rise on Wednesday, as the market saw a notable increase in the value of precious metals.
According to Bahrain News Agency, spot gold climbed 2.2% to reach $4,016.01 per ounce by 0619 GMT. Meanwhile, US gold futures for December delivery also rose by 2.2%, hitting $4,026.90.
In addition to gold, other metals experienced substantial gains. Spot silver increased by 3.8% to $51.67 per ounce, while platinum rose 2.8% to $1,455.71. Palladium also saw a 3.8% rise, reaching $969.49.