Gold Edges Higher on Geopolitical and Economic ConcernsSingapore, 17 Mar (ONA) — Gold firmed today after touching a
historic milestone last week, as geopolitical tensions, jitters about
tariffs escalating trade frictions, and increased hopes of interest
rate cuts from the Federal Reserve continued to fuel safe-haven
demand.
Spot gold rose 0.1% to $2,986.53 an ounce. Bullion rose above the
$3,000/oz milestone to notch a record high at $3,004.86 on Friday.
US gold futures eased 0.2% to $2,994.60.
Gold, a hedge against political risks and inflation, has gained
around 14% so far in 2025.
Spot silver shed 0.1% to $33.76 an ounce, platinum added 0.1% to
$994.50, and palladium eased 0.1% to $963.83.— Ends/Khalid
