Singapore,
Gold prices rose today, hovering near the record high reached in the previous session as investors sought refuge in the precious metal as a safe haven following U.S. President Donald Trump’s decision to impose new tariffs, which raised concerns about a global trade war.
Spot gold increased by 0.3 percent to $2,868.66 per ounce after hitting an all-time high of $2,886.62 on Friday.
U.S. gold futures also climbed by 0.2 percent to $2,894.00.
As for other precious metals, silver remained stable in spot transactions at $31.82 per ounce, while platinum fell by 0.3 percent to $973.60, and palladium rose by 0.4 percent to $968.29.
