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International gold and silver prices both advanced on Thursday, supported by a weaker U.S. dollar.
On the New York Mercantile Exchange, gold futures for August delivery rose 1.89 percent to settle at 4,532.40 U.S. dollars per ounce, while silver futures for July delivery gained 1.36 percent to close at 75.912 dollars per ounce.
Gold, silver prices rise on Thursday on weaker dollar
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 7 pips to 6.7892 against the U.S. dollar Thursday, according to the China Foreign Exchange Trade System.
In China's spot foreign exchange market, the yuan is allowed to rise or fall by two percent from the central parity rate each trading day.
The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.
Chinese yuan strengthens to 6.7892 against USD Thursday
