New York, September 3, 2025 (WAL) – Gold prices maintained strong gains on Wednesday, staying above the $3500 per ounce mark amid ongoing global economic concerns and increased demand for safe-haven assets.
Spot gold prices rose by 0.2% to reach $3540.64 per ounce, nearing their all-time highs.
December gold futures in the U.S. climbed 0.4% to $3607.60 per ounce, supported by declining bond yields and a weaker U.S. dollar.
While gold continued to post notable gains, other precious metals showed mixed performance; silver fell by 0.2% to $40.81 per ounce, platinum rose 0.6% to $1412.30, and palladium increased 1% to $1145.69 per ounce.
This performance comes as markets await upcoming U.S. economic data this week, which is expected to guide investors’ expectations regarding the Federal Reserve’s monetary policy path in the near future.
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