Baku 4° C
Gold prices rise over 1.4% amid demand for safe-haven assets
Finance
- 10 March, 2026
- 10:58
Gold prices rose on Tuesday morning as demand for safe haven assets remained strong amid geopolitical uncertainty stemming from the Middle East conflict, Report informs referring to trading data.
The price of April gold futures on the New York Comex exchange rose $72.86 from the previous close, or 1.43%, to $5,176.56 per troy ounce.
May silver futures rose 5.52% to $89.185 per ounce.
Investors are assessing geopolitical news. Earlier on Tuesday, US President Donald Trump said the US would strike Iran 20 times more severely than it is currently doing if Tehran stops oil flows through the Strait of Hormuz.
Author
Latest News
23:59
IRGC launches next wave of operation True Promise-4
Region23:45
Iran reports damage to over 9,600 civilian sites in US-Israel strikes
Region23:36
Neftchi and Qarabag set to play postponed fixture on April 30
Football23:28
Anacláudia Rossbach visits venue for WUF13
Infrastructure23:16
Israeli Air Force strikes Tehran
Region23:07
Araghchi thanks Türkiye for solidarity
Region22:56
Zelenskyy meets with Reza Pahlavi in Paris
Other countries22:47
East Timor President José Ramos-Horta concludes his visit to Azerbaijan
Foreign policy22:38
Photo