Gold prices continued to rise on Tuesday, driven by increased demand for safe-haven assets amid uncertainty surrounding the tariffs expected to be imposed by U.S. President Donald Trump next week, along with concerns over economic slowdown, trade tensions, and inflation worries.
According to Bloomberg news agency, the price of gold in spot transactions rose by 0.1% to reach $3,015.42 per ounce, while U.S. gold futures also increased by 0.1% to $3,019.40.
As for other precious metals, silver rose by 0.3% in spot transactions to $33.1 per ounce, platinum fell by 0.1% to $973.35, and palladium increased by 0.3% to $953.78.
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Gold prices continued to rise on Tuesday, driven by increased demand for safe-haven assets amid uncertainty surrounding the tariffs expected to be imposed by U.S. President Donald Trump next week, along with concerns over economic slowdown, trade tensions, and inflation worries.
According to Bloomberg news agency, the price of gold in spot transactions rose by 0.1% to reach $3,015.42 per ounce, while U.S. gold futures also increased by 0.1% to $3,019.40.
As for other precious metals, silver rose by 0.3% in spot transactions to $33.1 per ounce, platinum fell by 0.1% to $973.35, and palladium increased by 0.3% to $953.78.
