Gold Prices Climb on US Tariff Threat

Gold Prices Climb on US Tariff ThreatSingapore, 2 Jun (ONA) — Gold prices climbed today as US
President Donald Trump’s fresh threat to double tariffs on imported steel and
aluminum prompted investors to seek refuge in safe-haven bullion.Spot gold was up 0.6% at $33309.89 an ounce.US gold futures rose 0.6% to $3,333.30.The US dollar edged 0.1% lower, making bullion less expensive
for overseas buyers.Elsewhere, spot silver rose 0.2% to $33.04 an ounce, platinum
was down 0.2% at $1,054.28, and palladium was steady at $970.79. — Ends/AH