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Zimbabwe is looking to gold to “expand value-preserving instruments,” launching a gold-backed digital currency last week as the nation suffers from…

Aside from palladium which jumped on Wednesday, precious metals showed little overall movement in prices, with gold and silver down slightly and platinum up modestly. Gold for June delivery declined by $8.50, or 0.4%, to settle at $1,996 an ounce on the Comex division of the New York Mercantile Exchange. "Gold is consolidating strong gains

Aside from palladium which jumped on Wednesday, precious metals showed little overall movement in prices, with gold and silver down slightly and platinum up modestly. Gold for June delivery declined by $8.50, or 0.4%, to settle at $1,996 an ounce on the Comex division of the New York Mercantile Exchange. "Gold is consolidating strong gains

All precious metals, except for palladium, saw a decline in prices on Friday, while all metals except gold recorded weekly gains. Notably, gold experienced its first weekly loss in seven weeks, whereas silver extended its run of weekly gains to five consecutive weeks. On Friday, the price of gold for June delivery dropped by $39.50,

MARKET WRAPS Watch For: Germany WPI; France CPI; trading updates from Repsol, Hermes International Opening Call: European shares may open higher Friday as attention turns to the corporate earnings season. Asian stock benchmarks were mos... | 12:23am