New Delhi, July 15 -- Gold prices continued their upward momentum for the fourth straight week amid escalating geopolitical risks and rising trade tensions.

On Tuesday, July 15, Gold prices traded higher driven by heightened global trade tensions that boosted demand for safe-haven assets. As of 0635 GMT, spot gold rose 0.5 per cent to $3,359.01 per ounce, while U.S. gold futures edged up 0.3% to $3,368.20.

Back home, the yellow metal inched up in early morning trade on Tuesday. MCX Gold futures for August 5 delivery were up by 0.12 per cent at Rs.97,896 per 10 grams, while MCX Silver futures for September 5 delivery were trading 0.54% lower at Rs.1,12,330 per kilogram during the same period.

Anuj Gupta, Director, Ya Wealth Research & A...