Prices of precious metals increased on Friday, resulting in weekly gains for all of them except palladium. Gold saw its fourth consecutive weekly gain, albeit the most recent two being very modest. Ending higher for a second day following two straight losses, gold for December delivery climbed by $5.70, or 0.3%, to settle at $1,999.20
At the start of the new trading month of November, prices for precious metals declined, with losses ranging from 0.3% for gold to 1.5% for platinum. Down for a second day in a row following four straight gains, gold for December delivery declined by $6.80 to settle at $1,987.50 an ounce on the Comex division
On Thursday, the prices of precious metals showed minimal changes, with gold, silver, and platinum edging slightly higher, while palladium experienced a slight dip. Ending higher for the first time since Monday, gold for December delivery rose by $6, or 0.3%, to settle at $1,993.50 an ounce on the Comex division of the New York
At the start of the new trading month of November, prices for precious metals declined, with losses ranging from 0.3% for gold to 1.5% for platinum. Down for a second day in a row following four straight gains, gold for December delivery declined by $6.80 to settle at $1,987.50 an ounce on the Comex division
Precious metals advanced at the start of the new trading week on Monday, registering gains ranging from 0.4% for gold to 3.8% for platinum. While gold had the smallest percentage increase, it held the longest streak among the metals with four consecutive gains. Ending above $2,000 an ounce, it also marked a three-month settlement high.