Doha: Gold prices rose to a two-week high on Tuesday: Spot gold climbed 1.7 percent to $4,145.24 an ounce, after hitting its highest level since Jul. 7 earlier in the day. US gold futures for August delivery jumped 1.9 percent to settle at $4,151.90.

According to Qatar News Agency, the increase in gold prices is attributed to various market factors. Investors are closely watching economic data and central bank policies, which have contributed to the fluctuation in gold prices. This recent rise reflects ongoing market dynamics and investor sentiment towards gold as a safe-haven asset.

Market analysts suggest that the current trend may continue as geopolitical tensions and economic uncertainties persist. Gold's performance is often seen as a barometer for broader economic conditions, and its recent climb indicates cautious investor behavior amid global economic challenges.