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Gold hits one-week high on Middle East tensions, trade uncertainty
Nada Ali Published in Amwal Al Ghad on 12 - 06 - 2025

Gold prices climbed to a one-week high on Thursday, supported by rising geopolitical tensions in the Middle East and uncertainty over global trade, which drove safe-haven demand.
Spot gold rose 1.0 per cent to $3,388.81 per ounce by 12:38 GMT, up from a previous close of $3,355.13.
US gold futures gained 1.96 per cent to $3,409.20 per ounce, compared to $3,343.70 at the close on Wednesday.
Investors sought refuge in bullion amid heightened regional instability and ongoing concerns over global trade policy.
Attribution: Amwal Al Ghad English, Reuters
Subediting: Y.Yasser

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