Gold stabilizes as geopolitical, economic concerns persist


https://www.saba.ye/en/news3452556.htm

Yemen News Agency SABA
Gold stabilizes as geopolitical, economic concerns persist
[18/ March/2025]
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.