Doha: Gold prices edged higher on Thursday, hovering near their all-time highs as concerns persisted over US President Donald Trump's tariff strategies, which could fuel inflation and escalate a global trade war. Spot gold rose 0.2% to $2,938.57 an ounce. Bullion scaled an all-time high of $2,946.85 on Wednesday. US gold futures gained 0.7% to $2,955.20.

According to Qatar News Agency, spot silver remained steady at $32.71 an ounce. In contrast, platinum experienced a slight decline of 0.2%, settling at $969.70. Palladium prices were unchanged, standing at $968.38. Analysts continue to monitor these fluctuations closely, as they reflect broader market reactions to ongoing international trade tensions.