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Metals: gold is stagnating

05/12/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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This Friday, gold prices stayed generally stable. Higher US Treasury yields are offsetting the support of a weakened dollar, while investors expected key inflation data for guidance on the trajectory of the monetary policy of the Federal Reserve, in the run-up to its meeting scheduled for next week.

Spot gold held steady at $4,215.92 the ounce at 05:24 GMT, and was heading for a weekly decline of 0.3%.

American gold futures for deliveries in December increased by 0.1% to 4,245.70 dollars per ounce.

The 10-dollar U.S. Treasury bond yields Years, market reference, were evolving close to their highest levels for over two weeks.

Silver rose 1% to 57.68 dollars per ounce and was heading for a weekly increase. The contract reached a record History of 58.98 dollars on Wednesday.

Platinum fell by 0.1% at 1,644.04 dollars and was also heading for a weekly loss, while that palladium gained 1.1% to 1,464.70 dollars and seemed set to finish the week on the rise.

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