Gold will Likely Fall for the Second Time this Week Gold prices rose higher on Friday, but were set to fall for the second week in a row, as market players awaited U.S. payrolls data, which is likely to provide clues about the path of interest rate cuts. Gold prices increased 0.3% to $2,638.66 per …
Gold will Likely Fall for the Second Time this Week
Gold prices rose higher on Friday, but were set to fall for the second week in a row, as market players awaited U.S. payrolls data, which is likely to provide clues about the path of interest rate cuts.
Gold prices increased 0.3% to $2,638.66 per ounce by 0346 GMT, after hitting a low since November 26 earlier in the session. Prices are down roughly 0.4% this week.
US gold futures increased 0.5% to $2,661.00.
Spot silver fell 0.1% to $31.3 per ounce, but still up over 2% for the week.
Platinum increased 0.6% to $944.25, while palladium increased 1.5% to $977.25. Both metals are poised for a second consecutive weekly loss.

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