Amman, Oct. 6 (Petra) -- Gold prices rose Wednesday on expectations that the U.S. Federal Reserve's interest rate increase this month will dissipate pressures caused by the rising dollar and Treasury bond yields.

According to Bloomberg, gold rose 0.7% in spot trading to $4,168.89 per ounce, while U.S. gold futures also rose 1% to $4,196.9.

As for other precious metals, silver rose 0.6% in spot trading to $61.4419, platinum fell 0.5% to $1,712.01, and palladium declined 0.7% to $1,164.73.

//Petra// AF