Pakistan, June 17 -- Gold rose more than 2% after US and Iran officials said they had reached an initial agreement to end their war. By 0536 GMT the spot gold price had risen 2.5%, to $4,323.29 an ounce, its highest since June 9, and extended gains for a 3rd straight session. US Gold Futures for August Delivery rose 2.5% at $4,343.80. Spot silver increased 3.3%, to $70.19 an ounce.

Published by HT Digital Content Services with permission from Daily Times....