LOC11:00
08:00 GMT
KUWAIT, Aug 2 (KUNA) -- Gold price, in latest trades, rose 0.8 percent reaching USD 1,095.80 per ounce following its record fall last week, and in comparison to USD 1,073.78 per ounce last July.
The gold price has been falling, monthly, coinciding with forecast decision by the US Federal Reserve Bank to hike interest rate, next month.
It has posted losses for the sixth consecutive week, following a bearish trend that began in June.
Silver in spot trades rose 0.7 percent to USD 14.75 per ounce. Platinum dropped 0.4 percent to USD 982.25 per ounce. Palladium fell 1.2 percent to USD 611 per ounce. (end)
asf.abd.rk