Beirut: Gold prices rose for a fourth straight session on Monday, continuing last week's upward trend as U.S. President Donald Trump's new global tariffs and a declining dollar increased bullion's safe-haven appeal.

According to National News Agency - Lebanon, at 04:45 ET (09:45 GMT), spot gold increased by 0.8% to $5,145.81 an ounce, while U.S. Gold Futures jumped 1.7% to $5,166.81 per ounce. The precious metal had already climbed over 1% the previous week due to escalating geopolitical tensions between the U.S. and Iran, which fostered a risk-averse environment in the markets.