Gold Rises as Investors Seek Safe Havens

Doha: Gold prices inched higher on Monday as investors turned to safe-haven assets amid growing fears of a broader Middle East tension. Spot gold was up 0.1% at $3,371.30 an ounce. US gold futures were steady at $3,387.20.

According to Qatar News Agency, other precious metals showed varied movements in the market. Spot silver was up 0.1% at $36.03 per ounce, while platinum fell 0.3% to $1,260.78. Palladium edged down 0.1% to $1,043 per ounce.