Gold prices rose on Thursday for the fourth consecutive session, supported by increased demand for safe haven amid the intensification of the Russian-Ukrainian war at a time when investors await indicators on interest rates in the United States.
Spot gold rose 0.2% to $2,654.50 an ounce. U.S. gold futures also rose by the same percentage to record $2657.10 an ounce.
Among other precious metals, silver rose 0.4% to $30.99 an ounce, platinum settled at $960.46 an ounce, and palladium rose 0.1% to $1,021.73.
