Baku 30° 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
17:12
Kazakhstan and Azerbaijan to launch Trans-Caspian fiber-optic cable in Q4 2026
ICT17:05
Ambassador: Work on new strategic partnership between UK and Azerbaijan ongoing
Foreign policy16:59
Duncan Norman: Looking forward to strengthening London-Baku strategic partnership
Foreign policy16:50
Azerbaijani President thanks UK for assistance with mine clearance
Foreign policy16:43
Photo
President Ilham Aliyev receives credentials of newly appointed UK Ambassador to Azerbaijan
Foreign policy16:36
Viktor Yushchenko visits Martyrs' Alley
Other countries16:29
Ukraine's parliament proposes sending military recruitment officers to the front Other countries
Other countries16:17
Swedish prisoners flown to Estonia to serve sentences in leased prison
Other countries16:08