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Gold higher, Silver edged

ByVictoria

Gold edged higher on Friday, after hitting a two-week low in the previous session, but easing trade tensions and a strong jobs report kept prices on track for a second consecutive weekly loss.

Spot gold was up 0.5% at $3,255.01 an ounce as of 9:41 a.m. ET (1341 GMT), after hitting its lowest since April 14 on Thursday. Prices were down 2.1% for the week, after hitting a record high of $3,500.05 on April 22.

“Gold looks like $3,500 may be a top for a little while, especially if some trade deals start to come through and some risk on appetite starts to break through the kind of negative euphoria that we’ve been seeing since the tariff talks,” said Daniel Pavilonis, senior market strategist at RJO Futures.

Spot silver edged 0.1% lower to $32.35 an ounce, platinum rose 1% to $967.70, and palladium gained 0.9% to $949.00.

Source – Reuters

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  • Harlan J. Berk, Ltd. (Chicago, IL)

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    Founding Member Spotlight: Harlan J. Berk, Ltd.
    I’m excited to feature Harlan J. Berk, Ltd. of Chicago as a Founding Member of the Victorias Coin National Gold & Silver Dealer Directory.
    With more than 50 years of expertise, HJB offers a full range of numismatic services, including:

    • Library & Research Center
    • Consultation and curator services
    • Professional auction representation
    • Personal catalog building
      Their team of experts brings decades of experience to collectors, investors, and institutions.
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      🪙 Specialists in ancient and rare coins
      Visit their Chicago location or explore their auctions online.

    If you’d like to visit their listing please visit the Illinois page and give them a call today or if you’re in the area head on over and meet the team.

    -V.

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