Gold Prices Surge as Dollar Weakens

Gold prices jumped on Monday amid a weakening U.S. dollar and renewed trade tensions, following fresh remarks by the U.S. Treasury Secretary reaffirming President Donald Trump's threats to impose tariffs—boosting demand for gold as a safe-haven asset.اضافة اعلان

According to Bloomberg, spot gold rose by 0.7% to reach $3,223.55 per ounce, while U.S. gold futures climbed 1.3% to $3,228.70 per ounce.

Among other precious metals, spot silver increased by 0.5% to $32.42 per ounce. Platinum rose 0.3% to $990.71, and palladium gained 0.5% to $965.23.
— (Petra)