Business

Gold Prices Rise Amid Global Trade Tensions

Muscat: Gold prices today rose as safe-haven demand increased amid global trade tensions Spot gold rose by 0.6% to $3,370.67 per ounce. US gold futures also climbed by 0.5% to $3,394.90.

According to Oman News Agency, as for other precious metals, spot silver rose by 0.3% to $34.59 per ounce. Platinum increased by 0.5% to $1,079.62, and palladium was steady at $1,009.94. The rise in gold prices reflects the growing uncertainty in global markets, prompting investors to seek refuge in safe-haven assets.