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Silver prices rose in spot transactions, benefiting from gold’s stability.
Gold prices on Friday are heading toward their worst weekly performance in over two months amid a decline in demand for safe-haven assets due to easing trade tensions. The spot price of gold remained steady at $3,240.34 per ounce, having fallen more than 2% since the beginning of the week, marking the largest weekly drop since late February. Meanwhile, U.S. gold futures increased by 0.8% to $3,248.80.
In terms of other precious metals, silver prices in spot transactions rose by 0.2% to $32.47 per ounce, platinum saw an increase of 0.8% to $966.08, and palladium climbed by 0.3% to $943.50.
