Gold and Silver Prices Rebound

After experiencing a downturn, gold prices made a notable recovery on Tuesday, climbing by 1.01% to $3,012.67 per ounce by 3:11 am ET. Similarly, silver saw a modest increase of 0.23%, reaching $30.19 per ounce shortly after.

Platinum and Palladium Also Rise

Not to be left behind, platinum and palladium prices also experienced significant jumps. Platinum surged by 1.41% to $929.66 per ounce, while palladium advanced by 1.35% to $909.07 per ounce by 3:16 am ET.

Investors Turn to Safe Havens

The rise in precious metals prices comes as investors grow increasingly concerned about the potential for a global recession and the uncertainty surrounding international trade tensions. Anticipation of responses from Europe and China to recent tariff threats by the United States has further fueled market volatility.