12:24 - 14.02.2025

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February 14, Fineko/abc.az. Gold is traded with a slight upward bias on Friday, ending its seventh consecutive week of gains on the back of defensive demand.

ABC.AZ reports that interest in buying safe metal remains amid Trump's plans to impose retaliatory tariffs on trading partners who impose duties on imports from the U.S., which increases fears of a global trade war.

Spot gold was held at $2,931 per ounce as of 09:14 on Moscow time. The precious metal reached an all-time high of $2,943 on Tuesday. Futures rose 0.5% to $2,959.