Ammon News - Gold and silver prices rose on Wednesday as U.S. Treasury bond yields fell after data showed December retail sales growth stalled, signalling a softening economy ahead of key jobs data.

Spot gold was 0.7% higher at $5,057.23 per ounce by 0423 GMT.

U.S. gold futures for April delivery gained 1% to $5,081.40 per ounce.

Spot silver was up 2.3% at $82.56/oz, after falling more than 3% in the previous session.

Investors expect at least two 25-basis-point rate cuts in 2026, with the first one expected in June.

Spot platinum rose 2.1% to $2,131.60 per ounce, while palladium added 2% to $1,741.78.

Reuters