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Precious metals: fall in gold

25/10/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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Gold prices fell on Friday but were on track to gain weekly. Investors are looking for the safe haven metal in a context of growing geopolitical tensions

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Spot gold fell 0.2% to $2,730.09 per ounce at 01:55 GMT. Prices hit a record $2,758.37 on Wednesday and have gained 0.4 percent since the start of the week. US gold futures fell by 0.2% to $2,742.80. Gold is climbing thanks to the security rush

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Palladium fell by 0.4% to $1,152.50 but rose by 7% over the week. Cash fell 0.3 percent to $33.62, after reaching the highest level since 2012 earlier this week. Platinum lost 0.7 percent to $1,019.45

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