Gold prices edged up Friday, leaving the yellow metal on track to score another weekly rise as the U.S. dollar softened and traders reassessed expectations for a Federal Reserve interest-rate hike next week.
Gold futures for August delivery were up $1.90, or 0.1%, at $1,980 per ounce on Comex.
Silver futures for July delivery rose by 11 cents, or 0.5%, to $24.62 per ounce.
Palladium for September delivery declined by $4.3, or 0.2%, to $1,355 per ounce, while platinum for July delivery fell by $1.80, or 0.2%, to $1,026 per ounce.
Copper for July delivery gained 0.5% to trade at $3.82 per pound.
Gold and silver prices drifted higher on Friday ahead of a busy week for U.S. economic data and a Federal Reserve policy meeting.
The ICE U.S. Dollar Index a closely watched gauge of the dollar's strength against major currencies, was little-changed at 103.39. It is down 0.6% for the week.
Source: Marketwatch
