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Business / World Business

Gold edges higher from 4-week low

Published: 08 Apr 2025 - 09:16 pm | Last Updated: 08 Apr 2025 - 09:18 pm
File photo

File photo

QNA

Singapore: Gold prices edged higher on Tuesday from a near four-week low reached in the previous session, as heightened concerns over the global trade war between the United States and its key trading partners lifted demand for safe-haven assets.

Spot gold was up 0.3% at $2,990.48 an ounce. Bullion hit its lowest level since March 13 on Monday.

US gold futures gained 1.1% to $3,004.70.

In other metals, spot silver fell 0.1% to $30.08 an ounce, platinum firmed 0.6% to $918.55, and palladium lost 0.9% to $910.50.