Precious Metals Rally as Market Seeks Stability

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 towards safer assets.

Detailed Price Movements

At 4:42 am ET, gold witnessed a remarkable jump of 2.11%, trading at $3,046.02 per ounce. Silver wasn't far behind, rising by 1.31% to $30.20 per ounce. Meanwhile, platinum and palladium also saw positive movements, adding 0.32% and 0.90% respectively, with prices at $924.44 and $901.99 per ounce.