Precious Metals Shine in Uncertain Times

In a remarkable turn of events, 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 volatility into the markets and driving investors towards the safety of precious metals.

Market Movements at a Glance

Gold witnessed a significant jump of 2.11%, trading at $3,046.02 per ounce by 4:42 am ET. Silver wasn't far behind, with a 1.31% increase to $30.20 per ounce. Meanwhile, platinum and palladium also saw gains, adding 0.32% and 0.90% respectively, showcasing the broad appeal of precious metals in times of market uncertainty.