Gold prices jumped on Tuesday, resuming gains after a pause yesterday, rising near the $1,800 barrier once again as the US dollar fell, and amid strong safe-haven demand, while on track for the second straight monthly gain.

Gold prices rose 0.75% to $1,798.51 an ounce, after opening at $1,784.87, and hit a low at $1,783.01.

Gold fell 0.2% yesterday, the first loss in the last three days, as most global stock markets rebounded.

The dollar index fell 0.5% today, and hit a 2-week low at 95.66 points against a basket of major currencies, which lifts gold prices.

The drop come due to risk-aversion amid mounting concerns about the Omicron variant, which has already hit many countries, and the World Health Organization has warned of its danger.

Gold prices gained 1% so far during November, to head for the second straight monthly gain, which came after consumer prices jumped to record highs in most parts of the world.

Gold stocks at the SPDR ETF remained unchanged yesterday, with the total at the highest level since September 24 of 992.85 metric tonnes.

The US dollar rose against most currencies on Monday, and extended gains, as the market assess the Omicron variant impact.

Concerns increased around the world after a new Covid-19 variant emerged called "Omicron," as it first appeared in South Africa last week, which sparked concerns of its rapid spread and resistance to vaccines.

Countries around the world, including the Netherlands and Germany, discovered the Omicron variant coming from African countries.

Moderna company announced that it is developing an anti-vaccine to prevent the Omicron variant to be available in large quantities early next year.

US President Joe Biden said that there's no need for lockdowns if people are vaccinated and wear their mask, while scientists study the omicron variant.

The dollar index rose against a basket of major currencies by 0.3% to 96.3 points as of 19:34 GMT, after hitting a high of 96.4 points and a low of 96.1 points.

Gold prices fell on Monday, as the US dollar rose against most currencies, while investors turned to risk assets as the market asses the Omicron variant impact.

Concerns increased around the world after a new Covid-19 variant emerged called "Omicron," as it first appeared in South Africa last week, which sparked concerns of its rapid spread and resistance to vaccines.

Moderna company announced that it is developing an anti-vaccine to prevent the Omicron variant to be available in large quantities early next year.

US President Joe Biden said that there's no need for lockdowns if people are vaccinated and wear their mask, while scientists study the omicron variant.

The dollar index rose against a basket of major currencies by 0.3% to 96.3 points as of 19:58 GMT, after hitting a high of 96.4 points and a low of 96.1 points.

Gold spot prices fell 0.2% to $1,781.1 an ounce as of 19:40 GMT.

Copper prices rose on Monday, despite the US dollar's rise against most currencies, and concerns over the Omicron variant.

Concerns increased around the world after a new Covid-19 variant emerged called "Omicron," as it first appeared in South Africa last week, which sparked concerns of its rapid spread and resistance to vaccines.

Countries around the world, including the Netherlands and Germany, discovered the Omicron variant coming from African countries.

Moderna company announced that it is developing an anti-vaccine to prevent the Omicron variant to be available in large quantities early next year.

The dollar index rose against a basket of major currencies by 0.3% to 96.4 points as of 14:58 GMT, after hitting a high of 96.4 points and a low of 96.1 points.

Copper December futures rose 1.1% to $4.33 per pound as of 14:49 GMT.