Singapore, Apr. 16 (BNA): Gold prices reached a record high on Wednesday as a weaker dollar.

Spot gold rose 1.7% to $3,282.88 an ounce as of 0457 GMT. It hit a fresh high of $3,290.10 per ounce earlier in the session.

U.S. gold futures gained 1.8% to $3,299.60, Reuters reported.

Spot silver added 0.5% to $32.45 an ounce, platinum fell 0.3% to $956.80, and palladium was steady at $971.24.

H.K