Tuesday, 29 April 2025

Gold rises, set for worst performance in 14 months

Gold prices rose on Friday, supported by a slight decline in the dollar and rising geopolitical tensions, but were set to record their biggest monthly decline in more than a year as Donald Trump’s re-election as U.S. president weighed.

Spot gold rose 0.8% to $2,662.78 an ounce by 05:56 GMT.

U.S. gold futures were up 0.9% at $2,662.20, according to Reuters.

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