Baku 17° C
Gold prices rise over 1.4% amid demand for safe-haven assets
Finance
- 10 March, 2026
- 10:58
Add Report.az to preferred Google sources
Stay up to date with the top news!
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
17:27
Cross-sector information sharing key to preventing cyberattacks, official says
ICT
17:22
Azerbaijan joins Makkah Convention on anti-corruption co-op among OIC states
Foreign policy
17:16
European Commission approves €5.4B loan for Hungary under SAFE
Foreign policy
17:05
Central Bank official warns against delays in cyber incident reporting
ICT
17:03
Photo
Azerbaijan, UAE sign military cooperation roadmap for 2027–2029
Military
17:00
Photo
Report Media School welcomes its 22nd group of trainees
Media
16:57
Global crime cannot be fought by single state alone, Iranian ambassador says
Foreign policy
16:56
Azerbaijani banks' net foreign assets rise 22.6% year-on-year
Finance
16:52
Baku meeting yields decisions to strengthen anti-corruption fight, MACC chief commissioner says
Other countries