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Latest News:
Yemen: Republican Decree Appoints Ambassador to Saudi Arabia
Yemen Reaffirms Saudi Arabia's Right to Protect Its Security and Vital Infrastructure
Shura Council Chairman Discusses Developments in Yemen with UN Special Envoy
Human Rights Minister Discusses Strengthening Cooperation with IOM to Combat Human Trafficking
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Gold near highest record amid continued escalation of trade tensions
[17/04/2025 01:42]
LONDON-SABA
Gold prices continued to trade near an all-time high during trading, on Thursday, amid the continued escalation of global trade tensions, and ahead of the European Central Bank's decision on interest rates.
Spot gold rose 0.1 percent to $3,346.20 an ounce, after touching an all-time high of $3,357.40 an ounce earlier in the session.
. U.S. gold futures rose 0.4 percent to $3,359.50.
Gold prices breached on Wednesday barrier $ 3300 an ounce, for the first time ever, and recorded record highs unprecedented.
Gold has jumped more than 27 percent year-to-date. The precious metal is usually seen as a hedge against rising inflation and in times of political and economic uncertainty.
Gold prices continued to trade near an all-time high during trading, on Thursday, amid the continued escalation of global trade tensions, and ahead of the European Central Bank's decision on interest rates.
Spot gold rose 0.1 percent to $3,346.20 an ounce, after touching an all-time high of $3,357.40 an ounce earlier in the session.
. U.S. gold futures rose 0.4 percent to $3,359.50.
Gold prices breached on Wednesday barrier $ 3300 an ounce, for the first time ever, and recorded record highs unprecedented.
Gold has jumped more than 27 percent year-to-date. The precious metal is usually seen as a hedge against rising inflation and in times of political and economic uncertainty.
Key words:
unprecedented - uncertainty - SABA Gold - escalation - Wednesday - continued - political - inflation - Spot - interest -
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