Gold prices inch higher amid increasing safe-haven demand

Business Thursday 06/February/2025 18:03 PM
By: ONA
Gold prices inch higher amid increasing safe-haven demand

Singapore: Gold prices inched higher on Thursday to hover near an all-time high hit in the last session amid increasing safe-haven demand.

Spot gold was up 0.1% at $2,867.79 per ounce. Bullion hit a record high of $2,882.16 in the previous session.

US gold futures shed 0.2% to $2,887.10.

Spot silver added 0.1% to $32.35 per ounce, platinum edged 0.2% higher to $981.81, and palladium gained 0.1% to $990.66.