Precious metals ended lower on Friday compared to a week earlier, solidifying sharp monthly and quarterly losses for both gold and silver. Additionally, both metals recorded notable settlement lows, dating back to March for gold and June for silver. Falling for the fifth consecutive day, gold for December delivery gave back $12.50, or 0.7%, to
Palladium was the only precious metal to experience a loss on Friday, but it did edge higher for the week. Gold posted the smallest daily gain and was the only one to log a weekly loss, albeit a very minor one. Rising for the sixth time in seven sessions, gold for December delivery moved up
Analysts lean bullish to neutral, retail investors see gains for gold in the final week of Q3 kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
On Friday, three out of four major precious metals advanced, with palladium standing out for its daily loss but more so for its impressive weekly gain of over 5%, which was the highest among the group. Gold, meanwhile, had the weakest performance among the metals for the week. Up for a second day after hitting
Gold analysts and retail investors cautious, divided ahead of next week s Fed rate decision kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.