Precious metals prices moved higher in the latest trading session. Spot gold rose by about $25 to $4,689.56 per ounce. In silver, New York silver futures (standardized contracts to buy or sell silver later) gained more than 3.00% to $83.30 per ounce, while spot silver increased more than 2% to trade above $82 per ounce. The moves show strength across both immediate-delivery and derivatives markets for precious metals.