Gold prices climbed on Wednesday during Asian trading sessions as investors flocked to the precious metal as a safe-haven asset. This surge comes as markets evaluate the ongoing uncertainty surrounding U.S. tariffs.
اضافة اعلان
According to Bloomberg News, U.S. gold futures for April delivery rose by 0.3%, reaching $5,192.20.
Precious Metals
Other precious metals also saw significant gains:
Spot Silver: Rose by 1% to reach $88.23 per ounce, following its highest level in over two weeks recorded on Monday.
Spot Platinum: Increased by 2.1% to $2,212.72 per ounce.
Palladium: Gained 1.4%, reaching $1,793.68.
Energy Market
In the energy sector, oil prices hovered near seven-month highs on Wednesday. Market sentiment remains cautious due to concerns over a potential military conflict in the Middle East, which could lead to major supply disruptions.
Brent Crude Futures: Rose by 45 cents to reach $71.22 per barrel.
West Texas Intermediate (WTI) Futures: Climbed by 0.64% to reach $66.05 per barrel.