Gold Extends Gains Amid Escalating Middle East Tensions
Singapore, March 03 (QNA) - Gold prices extended their rally for a fifth consecutive session on Tuesday, as investors sought safe-haven assets amid escalating tensions in the Middle East.
Spot gold advanced by 1% to reach $5,377.21 per ounce, maintaining strong upward momentum.
US gold futures for April delivery climbed 1.5% to $5,391.90 per ounce.
Among other precious metals, spot silver rose 1.4% to $90.67 per ounce, after touching its highest level in more than four weeks in the previous session.
Spot platinum gained 0.6% to $2,316.50 per ounce, while palladium increased 1.6% to $1,795.08 per ounce. (QNA)
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