Gold rises again after the announcement of new US sanctions against Russia

Gold prices witnessed a relative rise today, Thursday, with geopolitical risks exacerbated by New US sanctions on Russia, and the possibility of imposing new export controls on China, which boosted demand for safe-haven assets.

The price of gold in spot transactions rose by 0.5% to 4,114.06 Other precious metals: Silver rose in spot transactions 1.3% to $49.14 per ounce, platinum gained 1.3% to $1,643.25, and palladium settled at $1,456.98.

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