Gold bars
Gold prices were steady on Friday but are on track to post weekly losses, weighed down by rising oil prices that have fueled inflation concerns and reinforced expectations that central banks will maintain tighter monetary policy for longer. 
June gold futures were unchanged at $4,626.60 per ounce.
Spot gold also held broadly steady at $4,615.34 per ounce, while silver rose about 0.4% to $74.032 per ounce.
The US dollar index, which measures the currency against a basket of six major peers, gained 0.15% to 98.20 points at 08:28 a.m. Makkah time.
May silver futures rose 0.6% to $74.46 per ounce, while platinum slipped 0.2% to $1,983.96 and palladium fell 0.4% to $1,526.92.
Trading volumes were also lower due to market holidays in China and India, two of the largest gold-consuming countries, Reuters reported.
Gold bars
Gold prices were steady on Friday but are on track to post weekly losses, weighed down by rising oil prices that have fueled inflation concerns and reinforced expectations that central banks will maintain tighter monetary policy for longer.
June gold futures were unchanged at $4,626.60 per ounce.
Spot gold also held broadly steady at $4,615.34 per ounce, while silver rose about 0.4% to $74.032 per ounce.
The US dollar index, which measures the currency against a basket of six major peers, gained 0.15% to 98.20 points at 08:28 a.m. Makkah time.
May silver futures rose 0.6% to $74.46 per ounce, while platinum slipped 0.2% to $1,983.96 and palladium fell 0.4% to $1,526.92.
Trading volumes were also lower due to market holidays in China and India, two of the largest gold-consuming countries, Reuters reported.
