Post by : Shakul
New York, 23 February 2026 – Gold prices rose sharply on Monday, reaching a more than three-week high as the US dollar weakened. This boosted investor demand for safe-haven assets.
Spot gold gained 1.2 percent to $5,163.60 per ounce, while US gold futures for April delivery rose 2 percent, pushing gold to its highest level in over three weeks.
Other precious metals also saw gains. Spot silver increased 3.1 percent to $87.10 per ounce, hitting a more than two-week high. Spot platinum rose 1.2 percent, and palladium edged up 0.5 percent.
Analysts say the weaker dollar and ongoing global uncertainties have encouraged investors to turn to gold and other metals, lifting prices across the market.
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