Gold Prices Climb to Weekly High Amid Dollar Weakness and Geopolitical Tensions

Gold prices rose for the third consecutive session, reaching a one-week high on Wednesday, driven by a weakening dollar and escalating geopolitical tensions.

• Spot gold prices increased by 0.32% to $2,640.19 per ounce, marking their highest level since November 11.

• U.S. gold futures also gained 0.5%, settling at $2,643.70 per ounce.

Other precious metals:

• Silver remained steady at $31.22 per ounce.

• Platinum edged up 0.1% to $975.10.

• Palladium held firm at $1,035.43.