Gold Rises as Investors Seek Safe Havens

Muscat: Gold prices today inched higher as investors turned to safe-haven assets amid growing fears of a broader Middle East tension following US reckless airstrikes on Iranian nuclear facilities. Spot gold was up 0.1% at $3,371.30 an ounce, while US gold futures remained steady at $3,387.20.

According to Oman News Agency, elsewhere in the precious metals market, spot silver saw a slight increase of 0.1% to $36.03 per ounce. In contrast, platinum experienced a decline of 0.3% to $1,260.78, and palladium edged down by 0.1% to $1,043.