Doha: Gold prices rebounded on Thursday from a one-month low hit in the previous session, as trade uncertainty stemming from fresh US tariff announcements lifted bullion demand. Spot gold rose by 0.4% to reach $3,286.99 per ounce, recovering from its lowest level since June 30 encountered in the prior session.
According to Qatar News Agency, while spot gold showed signs of recovery, US gold futures saw a decrease of 0.5%, dropping to $3,282.10. Meanwhile, in the broader precious metals market, spot silver remained steady at $37.10 per ounce. However, platinum experienced a decline of 0.3%, settling at $1,308.85. In contrast, palladium witnessed a rise of 0.9%, reaching $1,216.25 per ounce.