Gold Prices on the Rise

Investors continue to flock toward safe-haven assets, resulting in a rise in gold prices this Monday. Concerns over the situation in the Middle East are escalating.

As of 0020 GMT, spot gold saw a minor increase of 0.1% to reach $3371.30 per ounce. U.S. gold futures maintained stability, remaining at $3387.20 per ounce.

In the realm of other precious metals, spot silver experienced a slight gain of 0.1%, priced at $36.03 per ounce. Platinum witnessed a dip, decreasing by 0.3% to $1260.78. Conversely, palladium fell by 0.1% to $1043 per ounce.