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Precious metals mostly declined on Friday, while posting mixed results for the week, with both gold and silver gaining for the first time in four weeks, and platinum and palladium falling for a second week in a row. Gold for August delivery lost $25.90, or 1.3%, to settle at $1,969.60 an ounce on the Comex
On Friday, prices for precious metals advanced, albeit modestly for gold, platinum, and palladium. Notably, all metals experienced significant weekly declines. Gold and silver, in particular, suffered their third straight week of losses, although both of them rebounded from over nine-week lows. Gold for June delivery inched up 60 cents, or 0.03%, to settle at
On Friday, prices for precious metals advanced, albeit modestly for gold, platinum, and palladium. Notably, all metals experienced significant weekly declines. Gold and silver, in particular, suffered their third straight week of losses, although both of them rebounded from over nine-week lows. Gold for June delivery inched up 60 cents, or 0.03%, to settle at
On Friday, precious metals advanced, resulting in trimmed weekly losses for gold and silver, and driving gains for platinum and palladium. It was the second consecutive week of declines for gold and silver. Gold for June delivery gained for the first time since Monday, adding $21.80, or 1.1%, to settle at $1,981.60 an ounce on
On Friday, precious metals advanced, resulting in trimmed weekly losses for gold and silver, and driving gains for platinum and palladium. It was the second consecutive week of declines for gold and silver. Gold for June delivery gained for the first time since Monday, adding $21.80, or 1.1%, to settle at $1,981.60 an ounce on