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gold price reached their highest level
in over three weeks this Monday. Uncertainty fuelled by
the decision
of the American Supreme Court to invalidate a
much of the customs duties imposed
by President Donald Trump pressed
on the dollar and pushed investors towards the safety of precious metals.
Spot gold prices increased by 1.1%
to reach $5,161.64 per ounce at 4:19am GMT, after reaching
its highest level since January 30.
American gold futures for
deliveries in April were up 2% to $5,183.
The cash price climbed 3.1% to reach $87.20 per ounce, a high in more than two weeks.
The
Platinum spot price has slightly
increased by 0.1% to $2,158 per ounce, while that of
palladium fell by 0.1% to 1,747.11 dollars.
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