Metals: Gold is expected to fall every week : Orishas-finance

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Metals: Gold is expected to fall every week

15/08/2025

Source : ORISHAS FINANCE

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Metals: Gold is expected to fall every week

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Helped by a weaker dollar, gold prices rose on Friday, even though bullion was heading for a weekly decline.

Spot gold rose 0.4% to $3,348 per ounce at 05:06 GMT. The ingot lost 1.5% over the week. U.S. gold futures for delivery in December gained 0.3% to $3,394.30

According to Tim Waterer, chief market analyst at KCM Trade, “gold is still struggling with the consequences of the rise in the IPP, which has raised questions about the extent to which the Fed may be inclined to cut rates this year.”

Elsewhere, spot silver gained 0.2% to $38.05 per ounce, platinum fell 0.3% to $1,352.99, and palladium lost 0.2% to $1,143.30.

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