Gold Rises, Heads for Weekly Gains


Manama: Gold prices edged higher on Friday and were on track for weekly gains as easing inflation concerns supported investor sentiment. Spot gold rose 0.3% to $4,700.80 per ounce, while US gold futures for June delivery stood at $4,709.90.



According to Bahrain News Agency, According to Bahrain News Agency: Among other precious metals, spot silver gained 0.8% to $79.10 per ounce, platinum rose 0.5% to $2,032.70, and palladium added 0.1% to $1,482.50.