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Gold prices climb on tariff concerns, Fed decision in focus
Nada Ali Published in Amwal Al Ghad on 06 - 05 - 2025

Gold prices reached a two-week high on Tuesday due to tariff threats from US President Donald Trump, which increased demand for the safe-haven metal. The upcoming Federal Reserve policy decision was also a key focus.
As of 12:24 PM GMT, spot gold edged up 1.32 per cent to $3,377.73 per ounce, higher than its previous close of $3,333.72. Meanwhile, US gold futures rose 1.87 per cent to $3,384.41 per ounce, down from Monday's closing price of $3,322.3.
Attribution: Amwal Al Ghad English, Reuters
Subediting: M. S. Salama

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