Precious Metals on the Rise

In a significant market movement, precious metals have extended their gains, with gold leading the charge to a five-day high. This surge comes as the United States implements new tariffs, injecting uncertainty into the markets and driving investors toward safer assets.

Market Highlights

Gold witnessed a notable jump of 2.11% at 4:42 am ET, trading at $3,046.02 per ounce. Silver wasn't far behind, with a 1.31% increase, reaching 30.20 per ounce. Meanwhile, platinum and palladium also saw gains, adding 0.32% and 0.90% respectively, with prices at $924.44 and $901.99 per ounce.