Gold rises to $4,426.52 per ounce as dollar weakens

Gold prices climbed on Thursday, supported by a weaker US dollar and diminishing expectations of an interest rate increase by the US Federal Reserve.

Spot gold rose 1.2% to $4,426.52 per ounce.

US gold futures for December delivery gained 1.1% to $4,484.10.

Among other precious metals, spot silver increased 2.8% to $66.44 per ounce.

Platinum rose 2% to $1,783, while palladium gained 1.5% to $1,332.49.