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Gold Rises 1.2% as Dollar Falls

Dubai: Gold rose to a more than three-week high on Monday, as the dollar fell. Spot gold climbed 1.2 percent to $5,163.60 per ounce by 02:10 GMT, hitting a more than three-week high. US gold futures for April delivery were up 2 percent at $5,184.90.

According to Emirates News Agency, spot silver climbed 3.1 percent to $87.10 per ounce, marking a more than two-week high. Spot platinum rose 1.2 percent to $2,182.60 per ounce, while palladium was up 0.5 percent at $1,753.75.

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