Gold prices soared to new record levels this Wednesday, driven by rising demand for safe-haven assets amidst global tensions.
In spot trading, gold reached $2,749.82 per ounce, after hitting an all-time high of $2,750.21 earlier in the session.
U.S. gold futures also rose by 0.2%, reaching $2,764.
Among other precious metals, silver fell by 0.5% in spot trading to $34.67 per ounce, after reaching its highest level since late 2012 at $34.87 in the previous session. Platinum rose by 0.5% to $1,033.88 per ounce, while palladium climbed by 0.3% to $1,078.72 per ounce.