Baku 15° C
Gold prices rise amid conflict in Middle East
Energy
- 05 March, 2026
- 09:47
Add Report.az to preferred Google sources
Stay up to date with the top news!
Gold prices rose during Asian trading on Thursday, as escalating tensions in the Middle East prompted investors to seek safe havens, while a weaker US dollar provided additional support for the precious metal, Report informs referring to trading data.
Spot gold rose 0.8% to $5,179.60 per ounce. US gold futures fell 0.3% to $5,188.29.
Gold gained 1% in the previous session. The recovery followed a nearly 5% decline on Tuesday, when a stronger dollar weighed on prices.
Author
Latest News
11:10
Delhi tops ranking of world's most polluted major cities
Other countries
11:00
Sadyr Japarov congratulates Ilham Aliyev on Victory Day
Foreign policy
10:52
Oil and gas production volumes from Chirag platform revealed
Energy
10:36
Commercial property rents in Azerbaijan rise nearly 7% in October
Infrastructure
10:23
UEFA Nations League: Azerbaijan women's team fixtures announced
Football
10:20
Key indicators of global commodity, stock and currency markets (07.11.2026)
Finance
10:18
Photo
President Ilham Aliyev attends inauguration of Shusha Vocational Education Center
Education and science
10:08
Price of Azerbaijani oil exceeds $107
Energy
10:06
Qatar denies reports of failed US-Iran talks
Other countries