Precious Metals on the Rise

In a significant uptick, gold prices soared by more than 1% on Tuesday, extending its recent rally. This surge comes as the market anticipates the Federal Reserve's upcoming decision on key interest rates, scheduled for announcement tomorrow.

Market Uncertainty Fuels Safe Investments

Investors are increasingly turning to safer assets amidst ongoing uncertainties surrounding United States President Donald Trump's trade policies. This shift has notably impacted the markets, with precious metals like gold becoming a preferred haven.

Detailed Price Movements

At 3:26 am ET, gold was trading at $3,375.21 per ounce, marking a 1.25% increase. Similarly, silver saw a 1.96% rise to $33.13 per ounce by 3:27 am ET. Platinum wasn't far behind, gaining 1.58% to reach $979.31 per ounce at the same time. Palladium also experienced a modest 0.35% increase, trading at $935.62 per ounce by 3:28 am ET.