16:18 - 14.07.2025

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July 14, Fineko/abc.az. On Monday, gold rose to its highest levels in three weeks, strengthening amid rising demand for protective assets following statements by U.S. President Donald Trump about plans to impose 30% tariffs on imports from the European Union and Mexico from August 1.

ABC.AZ reports that spot gold quotes grew by 0.4% up to $3,367.89 per ounce, while U.S. futures rose to $3,378.20.

Silver also showed significant growth, adding 1.5% and reaching $38.89 per ounce, the highest since September 2011.