Gold Rises as Markets Await U.S. Tariff Negotiations


https://saba.ye/en/news3517464.htm

Yemen News Agency SABA
Gold Rises as Markets Await U.S. Tariff Negotiations
[16/ July/2025]

Singapore - Saba:

Gold prices rose in Wednesday's trading as investors assessed data showing an increase in U.S. consumer prices last month.

Spot gold rose by 0.4% to reach $3,334.12 an ounce, while U.S. gold futures increased by 0.1% to $3,340.90.

Among other precious metals, spot silver rose 0.3% to $37.82 an ounce, platinum gained 0.2% to $1,379.46, and palladium advanced 0.4% to $1,210.66.

Gold is traditionally considered a safe haven during times of economic uncertainty and typically benefits from a low interest rate environment.