Mogadishu: Gold prices rose at the beginning of trading today by about one percent, as investors turned to the safe haven during Asian trading, while assessing the uncertainty surrounding the US tariffs imposed by President Donald Trump. Spot gold rose 0.8 percent to USD 5,186.16 per ounce. US gold futures for delivery next April increased 0.6 percent to USD 5,205.
According to Oman News Agency, other precious metals also saw significant gains. Silver in spot transactions rose 3.4 percent to USD 90.32 per ounce, marking its highest level in three weeks. Platinum in spot transactions climbed 4.7 percent to USD 2,269.82 per ounce, reaching its highest level since 4 February 2026, while palladium increased 1.9 percent to USD 1,801.47, its highest level in three weeks.