Gold prices approach $5186 per ounce and silver hovers around $90

SadaNews - The prices of precious metals, gold and silver, recorded an increase in global markets today, driven by rising investor demand for safe-haven assets amidst uncertainty in global financial markets.

Gold approached the level of $5186 per ounce during trading on Wednesday, as investors leaned towards safe assets in light of ongoing economic and political tensions and the impacts of trade policies in the United States. These movements come amid a continuing strong global demand for gold as a hedge against risks.

Silver, for its part, maintained its trading near $90 per ounce, recording strong levels close to this threshold, as investors also shifted towards silver to enhance their investment portfolios.