Gold hits over two-week high

06/11/2026 08:14 AST

Gold prices hit their highest level in more than two weeks on Thursday amid a decline in the US dollar and Treasury yields, Reuters reported.

Spot gold gained 1% to $4,100.27 per ounce by 1905 GMT, after reaching a session high of $4,146.63, its highest level since October 20.

Gold had risen nearly 3.4% on Wednesday, its largest daily gain since August 19. Prices have increased by more than $250 this week from a one-year low of $3,869.85 recorded last Friday.

US gold futures for December delivery settled 1% higher at $4,113.50 per ounce.

Among other precious metals, spot silver was unchanged at $52.23 per ounce, platinum rose 1.6% to $1,520.75, and palladium gained 3.8% to $1,042.24.


BNA

Most Viewed Companies

Ticker Price Volume

Precious Metal Quotes

(In US Dollar) Change Change(%)
Gold 4,031.6 -108.84 -2.63
Silver 51.49 -1.65 -3.11
Platinum 1,538.5 -23 -1.47
Palladium 1,028 -0.5 -0.05

Recent News

Gold Gains After Steep Drop, but Hawkish Central Bank Signals Weigh

12/11/2026

Gold prices climbed on Wednesday, but remained anchored near the $4,000 level after a sharp selloff in the previous session following a hot US inflation print and hawkish policymakers' comments that

Asharq Al Awsat

Gold Prices Ease as Focus Shifts to US Inflation Data

11/11/2026

Gold prices eased on Tuesday as investors locked in profits after bullion's more than 1% rally in the previous session and awaited US inflation data for clues on the Federal Reserve's policy path.

Asharq Al Awsat

Gold Rises over 1% as Softer Oil Prices Ease Inflation Worries

10/11/2026

Gold rose more than 1% on Monday as softer oil prices eased inflation concerns, while investors awaited key US inflation data and fresh signals from the Federal Reserve on its policy outlook.

Asharq Al Awsat

Copper Falls, Set for Worst Week Since March on AI Rout

09/11/2026

Copper dropped on Friday and was set for its biggest weekly drop in London since March, as a rout in technology stocks battered markets.

Benchmark three-month copper on the London Metal Exch

Asharq Al Awsat

Dubai gold prices jump over Dh11 per gram ahead of Dhanteras, Diwali

06/11/2026

Gold prices jumped by more than Dh11 per gram to a two-week high on Thursday morning, with 24K gold inching closer to Dh500 per gram.

Data from the Dubai Jewellery Group showed 24K gold trad

Khaleej Times