RIYADH: Gold prices touched a more than one-week high on Monday, as an easing dollar continued to support greenback-priced bullion, although higher US Treasury yields capped gains.
Spot gold rose 0.2 percent to $1,848.96 per ounce, by 0201 GMT. Prices hit their highest since May 12 at $1,853.55 earlier in the session.
US gold futures gained 0.4 percent to $1,847.90.
Silver up
Spot silver gained 0.4 percent to $21.84 per ounce, while platinum firmed 0.3 percent to $958.10.
Palladium climbed 0.7 percent to $1,978.45.
Grains edges up
US grains futures edged higher on Monday, lifted by a weaker dollar, and gains in crude oil as adverse weather conditions threatened production in key producing countries.
The most-active wheat contract on the Chicago Board of Trade was up 0.9 percent at $10.79-1/4 a bushel, as of 0343 GMT, after falling 0.74 percent last week.
Corn rose 0.32 percent to $7.81-1/4 a bushel and soybeans edged 0.41 percent higher to $17.12-1/4 a bushel.
Copper climbs
Copper prices rose to a more than two-week high on Monday, helped by a weaker US dollar and as support measures and plans to end COVID-19 lockdowns in top metals consumer China lifted hopes for a recovery in demand.
Benchmark three-month copper on the London Metal Exchange was up 0.5 percent at $9,471 a ton, as of 0418 GMT, after hitting its highest since May 5 at $9,532 in early Asian trade.
The most-active June copper contract on the Shanghai Futures Exchange rose 0.3 percent to $10,758.06 a ton by noon break, after touching its highest since May 6.
(With input from Reuters)
