Gold prices continue to rise with the escalation of commercial differences

Gold rose today, Monday, after it touched historically last week, with the continued increase in demand for safe havens due to the continued geopolitical tensions and anxiety over customs duties, the escalation of commercial differences and the increase in hopes for reducing the Federal Reserve (the US Central Bank) for interest rates.

Gold prices in instant transactions increased 0.1 percent to $ 2986.53 an ounce.

US gold futures fell 0.2 percent to $ 2994.60 an ounce.

Gold, which is a hedge against political risks and inflation, has achieved about 14 percent since the beginning of this year.

The markets are now awaiting the US Mistral Policy meeting on Wednesday, followed by the speech of bank president Jerome Powell.

For other precious metals, silver fell 0.1 percent to $ 33.76 an ounce. Platinum increased 0.1 percent to $ 994.50 an ounce. Palladium fell 0.1 percent to $ 963.83 an ounce.