#الذهب approaches 3400 dollars per ounce

Gold approached 3400 dollars per ounce, after the recent rise of the yellow metal over the past two days, due to increased geopolitical risks.

The current price of gold per ounce is 3388.5 dollars, amidst fears of escalating tensions between the United States and Iran, due to the dispute over nuclear negotiations, with airlines and shipping companies announcing a state of emergency in the Middle East.

Gold is also still rising in light of the U.S. president escalating tariffs, by imposing new tariffs on steel and aluminum.

Investors are turning to gold as a safe haven in times of economic upheaval and wars, which leads to an increase in the price of the precious metal, as purchasing has increased over the past few days.

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