Gold prices rose on Friday, supported by ongoing geopolitical concerns and trade tensions between the United States and China. Meanwhile, investors are awaiting important data on inflation in the United States, which is scheduled to be announced soon.
In spot transactions, the price of gold increased by 0.3% to $4138.52 per ounce. However, the precious metal appears to be heading towards its worst weekly performance since May, falling by about 2.7% since the beginning of the week to date.
US gold futures for December delivery also rose 0.2% to $4152.30 per ounce.
As for other precious metals, the price of silver in spot transactions decreased by 0.3% to $48.76 per ounce, while the price of platinum increased by 0.6% to $1635.59, and the price of palladium decreased by 0.3% to $1453.16.
source: 961 today
