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Against the backdrop of Trump's statements, the price of gold has risen again
The stock exchange price of gold rose on Tuesday morning as demand for safe-haven assets persisted amid geopolitical uncertainty due to the conflict in the Middle East.
As reported by BAKU.WS, this follows from trading data.
The price of the April gold futures on the New York Comex exchange rose by $72.86 from the previous close, or by 1.43%, to $5,176.56 per troy ounce.
The May silver futures increased by 5.52% to $89.185 per ounce.
Investors are assessing geopolitical news. Earlier on Tuesday, U.S. President Donald Trump stated that the United States would strike Iran 20 times harder than currently if Tehran halts oil flows through the Strait of Hormuz.
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