Precious Metals Rally on Market Uncertainty

In a dramatic shift, 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 on China, stirring market turbulence and driving investors towards safer assets.

Price Movements at a Glance

Gold soared by 2.11% at 4:42 am ET, reaching $3,046.02 per ounce. Silver wasn't far behind, climbing 1.31% to $30.20 per ounce. Meanwhile, platinum and palladium saw modest increases of 0.32% and 0.90%, respectively, trading at $924.44 and $901.99 per ounce.