Money and business

Gold continues its standard rise in light of the increasing demand

Gold continued its record rise today, Thursday, amid investors’ demand for safe haven, in light of the escalation of global tension between the United States and its trading partners. Gold rose in instant transactions 0.1 percent, to $ 3346.20 an ounce, after touching its highest level ever at $ 3357.40 an ounce earlier in the session. US gold futures increased 0.4 percent to $ 3359.50. Gold prices penetrated yesterday, Wednesday, a barrier of $ 3,300 an ounce and recorded unprecedented high levels. For other precious metals, silver in instant transactions increased 0.1 percent to $ 32.78 an ounce, and platinum rose 0.2 percent to $ 969.05, while palladium fell 0.7 percent to 964.75 dollars.

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