Post: Gold Prices Reach Three-Week High Amid Safe-Haven Demand

Doha: Gold prices climbed to a three-week high on Monday, bolstered by safe-haven demand. Gold prices have shown strong performance in recent sessions, reflecting increased investor interest in the precious metal. According to Qatar News Agency, spot gold rose by 0.5%, reaching $3,371.34 per ounce after achieving its highest level since June 23 earlier in the session. Meanwhile, US gold futures saw a rise of 0.7%, climbing to $3,386.20. Other precious metals experienced mixed movements. Spot silver increased by 0.4% to $38.49 per ounce. In contrast, platinum experienced a decline of 1.1%, dropping to $1,384, and palladium fell by 1.7%, reaching $1,194.40.