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Global gold prices climbed for a fifth consecutive session as investors sought safe-haven assets, while oil prices rose for a third day on concerns about potential supply disruptions in the Middle East.
Spot gold rose 1% to $5,377.21 per ounce. U.S. gold futures for April delivery increased 1.5% to $5,391.90.
Among other precious metals, spot silver gained 1.4% to $90.67 per ounce, reaching its highest level in over four weeks. Platinum rose 0.6% to $2,316.50, while palladium advanced 1.6% to $1,795.08.
Oil prices also saw gains, with Brent crude climbing 1.4% to $78.83 a barrel, after hitting its highest level since January 2024 in the previous session. West Texas Intermediate crude rose to $71.97 a barrel.
