Gold Hits Highest Level as Middle East Conflict Escalates

  • International
  • 16 June 2025
1

Gold prices rose on Monday, approaching their highest level in two months, as investors sought safe havens after escalating attacks between Israel and Iran raised fears of a wider regional conflict.

Spot gold rose 0.4 percent to $3,447.07 per ounce, after hitting its highest level since April 22 earlier in the session. U.S. gold futures also rose 0.4 percent to $3,467.20.

Among other precious metals, spot silver rose 0.2 percent to $36.23 per ounce. Platinum rose 0.6 percent to $1,234.47, while palladium rose 0.9 percent to $1,036.58.

Source (Al Arabiya.net Website, Edited)

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