October 17, 2026

Gold Prices Surge Over 1% as Market Rebounds

Manila:Spot gold prices increased by 1.3 percent to $4,158.63 per ounce early Thursday, recovering from a one-week low experienced on Wednesday.

According to Emirates News Agency, US gold futures for December delivery also saw a rise, climbing 1.8 percent to $4,180.00 per ounce.

Other metals followed suit with upward trends; spot silver rose by 1.1 percent to $56.26 per ounce, platinum increased by 0.3 percent to $1,611.15, and palladium went up by 1.3 percent to $1,107.83 per ounce.