Europe
Increased geopolitical tensions in the Middle East heightened the demand for safe havens
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
Forum seeks to attract multinational companies and fast-growing startups from Germany to Dubai
The U.S. President said reciprocal duties on U.S. trading partners would be implemented alongside auto tariffs
U.S. consumer sentiment hits two-and-a-half-year low as inflation expectations rise amid tariff fears
Bullion is on track for a second consecutive weekly increase, rising 2.5 percent so far this week
Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15
Negotiation remains a possibility, as tariffs could burden economies amid geopolitical and economic uncertainties
These discussions are vital for the Kingdom's efforts to address the Ukraine crisis and promote peace
Spot gold was unchanged at $2,916.69 per ounce, while U.S. gold futures edged up 0.1 percent to $2,922.30
Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow
