Gold prices rose during trading on Tuesday, March 4, with the dollar falling and demand for safe haven rising amid escalating trade conflicts after the entry into force of US tariffs.
Spot gold prices increased 0.6 percent to $2,911.88 an ounce. The precious metal has risen about 11 percent since the start of the year, hitting an all-time high of $2,956.15 on Feb. 24. U.S. gold futures rose 0.7 percent to $2,920.60 at settlement.
Source (CNBC Arabia Website, Edited)
