Gold prices rose at the beginning of trading on wednesday by about one percent:old prices rose at the beginning of trading on Wednesday by about one percent, as investors turned to the safe haven during Asian trading, while assessing the uncertainty surrounding the US tariffs imposed by President Donald Trump. Spot gold rose 0.8 percent to USD 5,186.16 per ounce. US gold futures for delivery next April increased 0.6 percent to USD 5,205.
According to Qatar News Agency, other precious metals also experienced gains. Silver in spot transactions rose 3.4 percent to USD 90.32 per ounce, marking its highest level in three weeks. Platinum in spot transactions climbed 4.7 percent to USD 2,269.82 per ounce, reaching its highest level since February 4 of this year. Palladium increased 1.9 percent to USD 1,801.47, also reaching its highest level in three weeks.