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Prices for precious metals took different paths on Friday as well as for the week. Platinum and palladium saw significant increases, while gold and silver posted declines during both periods. On Friday, gold for June delivery fell by $28.60, or 1.4%, to settle at $1990.50 an ounce on the Comex division of the New York
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,
Gold prices fell for the second consecutive day on Thursday, following a one-year high on Tuesday. Meanwhile, prices for silver, platinum, and palladium all increased. Except for palladium, all precious metals gained during the holiday-shortened trading week. Gold and silver notably extended their weekly winning streaks to six and four weeks, respectively. On Thursday, gold
March was a month of excitement for precious metals as gold, silver, platinum and palladium rallied. Throughout the month, banking uncertainty, a weakening U.S. dollar, and inflation concerns helped in boosting their prices. Although gold for June delivery fell on Friday by $11.50, or 0.6%, to settle at $1,986.20 an ounce on the Comex division
March was a month of excitement for precious metals as gold, silver, platinum and palladium rallied. Throughout the month, banking uncertainty, a weakening U.S. dollar, and inflation concerns helped in boosting their prices. Although gold for June delivery fell on Friday by $11.50, or 0.6%, to settle at $1,986.20 an ounce on the Comex division