Gold prices today surged to their highest in more than three weeks after the US Supreme Court last Friday struck down most of the tariffs imposed by President Donald Trump and the dollar weakened in light of escalating tensions between the US and Iran.
highest level
Spot gold rose 1.2% to $5,163.60 an ounce, the highest in more than three weeks.
US gold futures for next April delivery rose 2% to $5,184.90.
As for other precious metals, spot silver prices rose 3.1% to $87.10 an ounce, the highest in more than two weeks.
In spot trading, platinum rose 1.2% to $2,182.60 an ounce, while palladium rose 0.5% to $1,753.75.
Gold prices rose to their highest level in more than three weeks today as the dollar weakened after the US Supreme Court last Friday struck down a significant portion of tariffs imposed by President Donald Trump amid rising tensions between the US and Iran.
highest level
Gold rose 1.2% in spot trading to $5,163.60 an ounce, its highest level in more than three weeks.
US gold futures for April delivery rose 2% to $5,184.90.
As for other precious metals, spot silver prices rose 3.1% to $87.10 an ounce, the highest in more than two weeks.
In spot trading, platinum rose 1.2% to $2,182.60 an ounce, while palladium rose 0.5% or $1,753.75.
