Singapore: On Thursday, gold continued its unprecedented surge as investors flocked to safe-haven assets in response to escalating global trade tensions between the United States and its trading partners.
Spot gold increased by 0.1% to reach $3,346.20 per ounce, following a peak of $3,357.40 per ounce earlier in the day.
US gold futures rose by 0.4%, reaching $3,359.50.
On Wednesday, gold prices surpassed the $3,300 per ounce mark, achieving new record highs.
Spot silver saw a slight increase of 0.1%, reaching $32.78 per ounce, while platinum rose by 0.2% to $969.05. In contrast, palladium experienced a decline of 0.7%, settling at $964.75.
