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Gold prices rise with fear over Middle East tensions

Gold prices inched higher on Monday as rising tensions in the Middle East drove investors toward traditional safe-haven assets.

TAS News Service

info@thearabianstories.com

Monday, June 23, 2025

Muscat: Spot gold rose 0.1% to $3,371.30 per ounce, while US gold futures held steady at $3,387.20 per ounce. The mild uptick reflects growing market unease over the possibility of further escalation in the region, pushing investors to seek refuge in precious metals.

Alongside gold, spot silver also edged up 0.1% to $36.03 per ounce. However, not all precious metals saw gains—platinum slipped 0.3% to $1,260.78, and palladium dipped 0.1% to $1,043 per ounce.

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