Spot gold rose more than 2.9% to surpass $3430, and the Philadelphia Gold and Silver Index closed up about 4%.

On Tuesday, in the final trading session in New York, spot gold rose more than 2.90%. Xinhua News Agency reported that India launched missiles towards three locations in Pakistan, causing the price of gold to hit a daily high of $3431.17 per ounce, continuing to rise steadily throughout the day. COMEX gold futures rose 3.53%, hitting a daily high of $3440.00 per ounce, with a sharp rise before the opening of the A-share market. The Philadelphia Gold and Silver Index was up 3.97% at 191.73 points. Spot silver rose 2.31% to $33.236 per ounce, with a significant increase before the A-share market opening, followed by a smooth upward trend for the remainder of the day. COMEX silver futures rose 2.96% to $33.435 per ounce. COMEX copper futures rose 1.00% to $4.7535 per pound.