LONDON (Reuters) - Gold prices rose on Thursday as the dollar tumbled on comments suggesting monetary easing from US Federal Reserve Chairman Jerome Powell, easing investors' worries about the rate hike in the United States.
At 0700 GMT, the spot price of gold was up 0.4 percent at $ 1225.34 an ounce in its biggest one-day gain since Nov. 16.
US gold futures rose 0.1 percent to $ 1225.1 an ounce.
Silver rose 0.3 percent in spot trade to $ 14.36 an ounce.
Platinum fell 0.8 percent to $ 1174.50 an ounce, after hitting a record high of $ 1186.3 in the previous session.
Platinum rose 1 percent to $ 829.10 an ounce after falling to a seven-week low of $ 809.50 on Wednesday.
