Singapore - Saba:
Gold prices stabilized on Monday, after the precious metal reached a record high last week, driven by continued demand for safe havens amid escalating geopolitical tensions, tariff concerns, and trade disputes.
Spot gold stabilized at $2,984.14 per ounce, after surpassing the $3,000 per ounce barrier on Friday, reaching a record high of $3,004.86.
Conversely, US gold futures fell 0.2% to $2,993.50 per ounce.
As for other precious metals, silver fell 0.1% to $33.76 per ounce, while platinum rose 0.1% to $994.50, and palladium fell 0.1% to $963.83 per ounce.
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