Gold Posts Slight Gains amid Inflation Data and Fed Minutes

  • International
  • 8 April 2025
1

Gold prices rose slightly on Tuesday from a nearly four-week low hit in the previous session, as growing concerns about the global trade war between the United States and its major trading partners boosted demand for safe-haven assets.

Spot gold rose 0.3 percent to $2,990.48 per ounce. Prices had fallen to their lowest level since March 13 on Monday. US gold futures also rose 1.1 percent to $3,004.70. As for other precious metals, spot silver fell 0.1 percent to $30.08 per ounce, while platinum rose 0.6 percent to $918.55, and palladium fell 0.9 percent to $910.50.

Source (Al-Arabiya.net Website, Edited)

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