UP

Gold edges higher on safe-haven demand

Home page Economy
12 Punto 14 Punto 16 Punto 18 Punto
Gold edges higher on safe-haven demand

Gold prices edged higher in global commodity markets.

Axar.az reports that June gold futures on COMEX rose by 0.33% (or $15) to $4,548.30 per ounce, while spot gold gained 0.36% (or $16.23) to reach $4,538.14.

Platinum also advanced, climbing 1.41% (or $27.39) to $1,974.11. Meanwhile, June silver futures slipped 0.19% (or $0.14) to $73.39.

Analysts say the gains in gold and platinum are driven by stronger demand for safe-haven assets amid rising risks, while silver’s decline is seen as a technical correction.

Date
2026.05.05 / 11:54
Author
Axar.az
See also

Oil prices surge sharply

Aliyev: Azerbaijan–Italy trade reaches $12 billion

Brent crude rises while light crude falls

Baku, Tashkent eye joint precious metals exploration

OPEC+ announces 188,000 bpd output adjustment

Global EV sales fall 10% in first quarter of 2026

IDB president to visit Azerbaijan next week

Oil prices continue to fall on global markets

Oil prices fell again on global markets

Azeri Light rises over 3% amid global oil rally

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla