Gold prices drifted higher on Thursday, as safe-haven demand countered a firmer dollar, while palladium hit a more than one-month peak. Spot gold rose 0.3% to $2,725.51 per ounce. Prices hit a record high of $2,758.37 on Wednesday as US election jitters and Middle East tensions boosted demand. US gold futures gained 0.3% to $2,738.50. The US dollar lingered near a three-month high. Spot silver firmed 0.4% to $33.84 per ounce. Palladium jumped 4% to $1,100.50, its highest level since Sept. 18. Platinum rose 1% at $1,025.85. Source: Qatar News Agency
Gold Ticks Higher as Safe-Haven Bids Offset Firm Dollar
Advertisement
Recent Posts
Real Estate Trading Volume Surpasses QR 239 Million in a Week
December 12, 2024
Gulf Cup: Qatar Introduced Half of the Tournament’s Trophy Designs
December 12, 2024
Gulf Cup in Kuwait: A Crucial Stage for World Cup Qualifier Preparations
December 12, 2024
Gulf Cup in Kuwait: A Crucial Stage for World Cup Qualifier Preparations
December 12, 2024
Kylian Mbappe Sidelined Over Left Thigh Injury, Real Madrid Confirms
December 12, 2024