Gold prices rise in global commodity markets
5/5/2026 12:55:12 PM
Gold has increased in global commodity markets, APA-Economics reports.
Gold futures for June on COMEX rose by 0.33% or $15 to $4,548.30, while spot gold increased by 0.36% or $16.23 to $4,538.14.
Platinum, in turn, rose by 1.41% or $27.39 to $1,974.11.
Meanwhile, June silver futures, on the contrary, fell by 0.19% or $0.14 to $73.39.
Analysts explain the increase in gold and platinum prices by rising demand for safe-haven assets amid risks, while the decline in silver is attributed to a technical correction.
Gold futures for June on COMEX rose by 0.33% or $15 to $4,548.30, while spot gold increased by 0.36% or $16.23 to $4,538.14.
Platinum, in turn, rose by 1.41% or $27.39 to $1,974.11.
Meanwhile, June silver futures, on the contrary, fell by 0.19% or $0.14 to $73.39.
Analysts explain the increase in gold and platinum prices by rising demand for safe-haven assets amid risks, while the decline in silver is attributed to a technical correction.