Gold Prices Steady but Headed for Weekly Fall

Precious Metals

Reuters reported that gold prices were stable on Friday but the metal was likely to end with a weekly drop.

Reuters reported that gold prices were stable on Friday but the metal was likely to end with a weekly drop.

As quoted in the market news:

Spot gold was quoted down 0.1 percent at $1,656.91 an ounce by 1500 GMT, having lost more than 3 percent so far this week. U.S. April gold futures were down 0.1 percent at $1,657.50 an ounce, having traded earlier at a session low of $1,639.70.

Click here to read the full Reuters report.

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