[Fri, 20 Jun 2025 18:12:49 +0300]


London - Saba:

Gold prices fell on Friday, heading for a weekly loss, due to a stronger dollar and diminished expectations regarding the pace of interest rate cuts in the United States.

This outweighed support from escalating geopolitical risks in the Middle East.

By 06:04 GMT, spot gold was down 0.8% at $2,333.99 per ounce, down about 2.5% since the beginning of the week. US gold futures also fell 1.4% to $2,361.80 per ounce.

As for other precious metals:
Spot silver fell 2.1% to $35.61 per ounce.
Palladium fell 0.8% to $1,042.04.
Platinum fell 1.9% to $1,282.72, but is on track for its third consecutive weekly gain.

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