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Gold Continues Record Rally amid Intensifying Global Trade TensionsSingapore, 17 Apr (ONA) — Gold today extended its record rally as investors sought refuge in safe-haven assets amid an
intensifying global trade tensions between the United States and its
trading partners.
Spot gold was up 0.1% at $3,346.20 an ounce, after touching a
record high of $3,357.40 per ounce earlier in the session.
US gold futures firmed 0.4% to $3,359.50.
On Wednesday, gold prices pierced the $3,300 an ounce barrier to
hit record highs.
Spot silver rose 0.1% to $32.78 an ounce, platinum gained 0.2%
to $969.05 and palladium fell 0.7% to $964.75.— Ends/Khalid