London - Saba:
The price of gold fell today, Friday, approaching its biggest weekly decline in more than three months, in light of the rise of the dollar, which weakened the appeal of the yellow metal as a safe haven.
Gold fell in spot transactions by 0.1 percent to $ 2,874.69 per ounce, reflecting a 2 percent decline since the beginning of the current week, which is the biggest weekly decline since November 2024.
US gold futures also fell by 0.3 percent to $ 2,886.80.
Among other precious metals, spot silver rose 0.4 percent to $31.37 an ounce, while platinum rose 0.3 percent to $951.95 and palladium rose 0.1 percent to $920.34.
Investors are awaiting key U.S. inflation data for clues on the path of monetary policy by the Federal Reserve (the U.S. central bank).
| more of (International) |