Gold prices continue to rise near record levels


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Yemen News Agency SABA
Gold prices continue to rise near record levels
[20/ February/2025]
SINGAPORE - Saba:
Gold prices rose slightly on Thursday to hover near their highest levels ever, amid continuing concerns over US President Donald Trump's tariff strategies, which could exacerbate inflation and ignite a global trade war.

Spot gold rose 0.2 percent to $2,938.57 per ounce, after hitting a record high of $2,946.85 on Wednesday, while US gold futures rose 0.7 percent to $2,955.20.

As for other precious metals, silver settled in spot transactions at $32.71 per ounce, while platinum fell 0.2 percent to $969.70, while palladium settled at $968.38.