"Commodity" Geopolitical tensions continue, gold prices rise nearly 2% for the week
Investors took profits after gold prices recently hit a record high, while signs of easing geopolitical tensions further diminished gold's appeal as a safe haven. Gold prices fell on Friday.
Spot gold dropped 0.4% to $4,596.1 per ounce, but rose nearly 2% for the week. February gold futures fell $28.3 or 0.6% to $4,595.4 per ounce.
March silver prices fell 4.1% to $88.537 per ounce.
March copper prices fell 2.7% to $5.831 per pound.
February platinum prices fell 3.6% to $2,307.7 per ounce.
March palladium prices fell 2.9% to $1,821.3 per ounce
Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments