Gold: Gold prices rose today, rebounding from a more than one-month low hit in the previous session, though gains were limited by elevated oil prices.
According to Oman News Agency, spot gold was up 0.5% at $4,541.39 per ounce. Bullion had fallen more than 2% to its lowest level since March 31 in the previous session. Meanwhile, US gold futures for June delivery rose 0.4% to $4,550.70.
In other precious metals, spot silver edged 0.4% higher to $73.03 per ounce. Platinum experienced a gain of 1.3% to reach $1,970.85, and palladium was up 1.2% at $1,497.91. Despite the rebound in gold prices, the overall market remains cautious due to the influence of high oil prices.