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Gold: The price on the way to gain weekly

10/01/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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As investors await U.S. employment data to assess how aggressive the Federal Reserve is in cutting interest rates this year, the gold price came close to its highest level in four weeks on Friday, preparing for Have your best week since mid-November

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Gold prices strengthened to a high of nearly four weeks in the previous session, supported by the demand for safe havens, as investors assess the impact of US President-elect Trump's policies on the economy and inflation. US gold futures rose by 0.2% to $2,696.30. Spot gold rose 0.1% to $2,672.64 per ounce at 0309 GMT. The ingot has gained over 1% since the start of the week

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Spot silver was up 0.4% to $30.24 per ounce, platinum fell 0.1% to $957.43, and palladium added 1.4% to $939.13. These three metals were on track to make weekly gains.

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