Gold Prices Rise Amid Middle East Tensions

Gold prices rose on Thursday as escalating tensions in the Middle East boosted demand for safe-haven assets. However, gains were limited by the U.S. Federal Reserve's cautious stance on future interest rate cuts.اضافة اعلان

According to Bloomberg News, spot gold increased by 0.2% to reach $3,376.48 per ounce, while U.S. gold futures dropped by 0.4% to $3,393.70 per ounce.

As for other precious metals:

Silver slipped 0.2% in spot trading to $36.66 per ounce.

Platinum rose 1.5% to $1,342.36 per ounce.

Palladium increased 0.6% to $1,055.18 per ounce.

— (Petra)