Muscat: Gold rose more than 1% today as investors flocked to safe-haven bullion after the rising international trade tensions. Spot gold was up 1.2% at $3,119.18 an ounce. US gold futures climbed 1.8% to $3,135.50.
According to Oman News Agency, spot silver firmed 0.2% to $31.08 an ounce. Meanwhile, platinum lost 0.5% to $932.81, and palladium shed 1.2% to $922.72.
Investors are turning to gold as a precaution against market volatility caused by ongoing trade disputes. This has resulted in a significant rise in the demand and price of the metal.