In "Commodities," Middle East instability continues, gold prices remain stable
Iran launched six missiles at the U.S. military base in Qatar, escalating tensions between Iran and Israel, which stimulated safe-haven demand. The market is closely monitoring developments in the region, and gold prices rose on Monday. Spot gold increased by 0.5% to $3,384.6 per ounce.
August gold rose by $9.3 or 0.3% to $3,395 per ounce.
July silver prices rose by 0.5% to $36.187 per ounce.
July copper prices rose by 0.3% to $4.8495 per pound.
July platinum prices rose by 1.5% to $1,283.9 per ounce.
September palladium prices rose by 3% to $1,086.7 per ounce
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