Publisher: Maaal International Media Company
License: 465734
Tuesday, 29 April 2025
Gold rises heading for quarterly gain
Gold prices rose on Thursday and set for its biggest quarterly gains since 2020.
The yellow metal was supported in the first quarter of 2022 by the Russian-Ukrainian conflict as investors’ high demand on gold as a safe-haven asset.
This came though despite the dollar index surge of 1.4% during the month of March.
Spot gold was up 0.6% or $11.6 to trade at $1,950.80 per ounce by 1710 GMT.
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