Baku 22° 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
00:10
Azerbaijan marks Khankandi, Khojaly, Khojavand and Aghdara Cities Day
Karabakh00:00
Three years pass since Azerbaijan announced restoration of sovereignty
Karabakh17:51
Photo
Heydar Aliyev International Airport to operate in enhanced mode ahead of Formula 1
Infrastructure17:41
Photo
Turkic Union of Composers established in Baku
Cultural policy17:21
Photo
Azerbaijan, Germany mull co-op in climate sphere
Foreign policy17:02
T-VINE: Baku became one of most recognizable Formula 1 venues
Formula 116:41
Aston Martin to unveil final upgrade for AMR26 car at Baku Grand Prix
Formula 116:23
23 hours and 43 minutes: Sovereignty, end of separatism, and new realities in South Caucasus – COMMENTARY
Analytics16:00