Gold prices rose on Thursday after U.S. auto tariffs exacerbated global trade tension, ahead of the April 2 deadline for the United States to apply counter-tariffs.
Spot gold rose 0.5 percent to $3,033.20 an ounce. U.S. gold futures rose 0.6 percent to $3,039.
U.S. President Donald Trump has approved 25 percent tariffs on imported cars and light trucks, widening the scope of the global trade war.
Source (Al-Arabiya.net Website, Edited)
