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 plunge on global markets

Azerbaijan allocates 2.46bn manats for debt servicing

Oil prices continue to decline on global markets

Oil prices plunge on global markets

Oil prices continue to climb

SOFAZ keeps gold holdings unchanged

Oil prices continue to rise

Oil prices rise on global markets

Oil prices fall on global markets

Oil prices climb on global markets

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