Gold Prices Inch Higher Amid Increasing Safe-haven Demand

Gold Prices Inch Higher Amid Increasing Safe-haven Demand

Gold prices experienced a slight increase on Thursday, remaining close to the record high reached in the previous session due to a rise in safe-haven demand.

Spot gold rose by 0.1% to $2,867.79 per ounce, following a peak of $2,882.16 in the last session.

In contrast, US gold futures declined by 0.2%, settling at $2,887.10.

Spot silver saw a 0.1% increase to $32.35 per ounce, while platinum rose by 0.2% to $981.81, and palladium experienced a 0.1% gain, reaching $990.66.

 

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