Publisher: Maaal International Media Company
License: 465734
Monday, 19 May 2025
Gold rises 1% as safe-haven demand grows amid geopolitical risks
Gold prices rose about 1% on Thursday as safe-haven demand grew amid ongoing geopolitical risks.
Spot gold rose 0.7% to $2,735.55 an ounce by 1740 GMT, while U.S. gold futures settled up 0.7% at $2,748.9.
In other precious metals, palladium jumped 9.2% to $1,154.91, after hitting its highest since December 2023 at 9.6%.
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