Gold firms on safe-haven bids, palladium hits over one-month peak

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Home Business Gold firms on safe-haven bids, palladium hits over one-month peak 24-10-2024 09:52 AM Ammon News - Gold prices drifted higher on Thursday, propped up by safe-haven demand, while palladium hit a more than one-month peak after a media report sparked fears about sanctions on Russian supplies. Spot gold rose 0.5% to $2,729.71 per ounce by 0621 GMT, slightly below the record high of $2,758.37 hit on Wednesday as U.S. election jitters and Middle East tensions boosted demand. U.S. gold futures gained 0.5% to $2,742.70. Reuters

Home Business

Gold firms on safe-haven bids, palladium hits over one-month peak

24-10-2024 09:52 AM

Ammon News - Gold prices drifted higher on Thursday, propped up by safe-haven demand, while palladium hit a more than one-month peak after a media report sparked fears about sanctions on Russian supplies.
Spot gold rose 0.5% to $2,729.71 per ounce by 0621 GMT, slightly below the record high of $2,758.37 hit on Wednesday as U.S. election jitters and Middle East tensions boosted demand.
U.S. gold futures gained 0.5% to $2,742.70.

Reuters

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