Gold prices increased slightly on Tuesday due to ongoing uncertainty surrounding the upcoming reciprocal US tariffs and their potential effects on the global economy.
As of 10:30 PM GMT, spot gold edged up 0.32 per cent to $3,021.81 per ounce, higher than its previous close of $3,012.28. Meanwhile, US gold futures fell 0.36 per cent to $3,054.96 per ounce, down from Tuesday’s closing price of $3,044.
Attribution: Amwal Al Ghad English, Reuters
Subediting: M. S. Salama