Silver prices climb to new highs, gold prices remain stable
Driven by investment demand and tight supply, silver prices have soared to a historic high. The boost from increased expectations of interest rate cuts by the Federal Reserve has stabilized gold prices on Friday.
Spot gold rose by $6.3 or 0.1% to $4,339 per ounce. February futures gold prices increased by $22.8 or 0.5% to $4,387.3 per ounce.
March futures silver prices rose by 3.5% to $67.489 per ounce.
March futures copper prices increased by 1.3% to $5.51 per pound.
January futures platinum prices rose by 2.9% to $2,018.6 per ounce.
March futures palladium prices increased by 0.7% to $1,786.9 per ounce
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