Gold rose to a fresh all-time high on Thursday as precious metals continued to record gains. The upward trend reflected wider market confidence as central banks started easing their tight monetary policy stances, coupled with a safe-haven appeal of precious metals in an uncertain geopolitical environment.
Gold added 0.57% at 6:38 am ET, selling for $2,672.34 per ounce, while silver jumped 1.82% and went for $32.40 per ounce. Platinum surged 2.43% at 6:40 am ET, going for $1,015.62 per ounce and palladium grew by 1.70% and sold for $1,051.33 per ounce.