London - Saba:
Gold prices stabilised today, but are heading for weekly gains as safe-haven demand increased amid rising geopolitical tensions, while palladium remained near a ten-month high.
Reuters reported that gold in spot transactions recorded $ 2733.63 an ounce, and prices hit a record high last Wednesday at $ 2758.37, and are still up 0.5 percent for the week so far, while US gold futures fell 0.1 percent to $ 2746.3 an ounce.
In other precious metals, silver fell 0.2 percent to $ 33.63 an ounce, platinum rose 0.04 percent to $ 1026.70, and palladium rose 0.4 percent to $ 1162 an ounce after gaining as much as 9.4 percent in the previous session, its highest level since December 2023.
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