Gold bars
Gold prices fell at close on Friday, weighed down by profit-taking and easing geopolitical tensions, although the yellow metal still posted weekly gains. 
Gold futures for February delivery declined 0.61%, or $28.3, to settle at $4,595.40 an ounce, trimming weekly gains to around 2%.
The weekly advance was driven by heightened geopolitical risks after the U.S. administration signaled the possibility of a military strike on Iran. However, U.S. President Donald Trump later hinted at backing away from such a move, easing tensions.
Gold also hit a fresh record high earlier in the week, prompting investors to lock in profits, which pressured prices in Friday’s session.
Gold bars
Gold prices fell at close on Friday, weighed down by profit-taking and easing geopolitical tensions, although the yellow metal still posted weekly gains.
Gold futures for February delivery declined 0.61%, or $28.3, to settle at $4,595.40 an ounce, trimming weekly gains to around 2%.
The weekly advance was driven by heightened geopolitical risks after the U.S. administration signaled the possibility of a military strike on Iran. However, U.S. President Donald Trump later hinted at backing away from such a move, easing tensions.
Gold also hit a fresh record high earlier in the week, prompting investors to lock in profits, which pressured prices in Friday’s session.
