Gold prices hold near weekly low

Gold steadied close to its lowest level in a week on Friday, reflecting recent market pressure, Qazinform News Agency cites WAM.

Gold prices hold near weekly low
Photo cerdit: WAM

Spot gold was traded at $4,318.88/oz (00:20 GMT), after touching its lowest since September 2.

U.S. gold futures for December dropped to $4,359.50/oz, down 1.1%.

Silver declined by 0.1% to $63.48/oz.

Platinum was steady at $1,777.42, and palladium dipped 0.2% to $1,279.25.

Early September gold prices faced short-term pressure during early Asian trading, easing toward $4,443 per ounce.

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