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18 April 2024

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Gold rises as US-China trade jitters buoy appeal

04-06-2025 10:01 AM


Ammon News - Gold prices climbed on Wednesday as uncertainty over U.S.-China trade relations and global economic concerns boosted safe-haven demand.

Spot gold was up 0.3% at $3,361.03 an ounce, as of 0358 GMT. U.S. gold futures were up 0.2% at $3,384.20.

Gold is considered a safe-haven asset during economic uncertainties.

Elsewhere, spot silver was steady at $34.48 an ounce, platinum was up 0.6% to $1,078.96 and palladium fell 0.5% to $1,005.44. Reuters




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