Gold and silver prices extended gains on Friday.
Gold and silver prices extended gains on Friday after US President Donald Trump called off planned military strikes against Iran and signaled the possibility of reaching a peace agreement. 
The US dollar index, which tracks the greenback against a basket of six major currencies, was little changed at 99.81.
Precious Metals Prices
Metal
Price ($/oz)
Change ($)
Change (%)
Gold Futures (August)
4208.70
+94.70
+2.30%
Spot Gold
4184.25
(28.01)
(%0.65)
Silver Futures (July)
66.89
+2.89
+4.50%
Spot Silver
66.81
(0.50)
(%0.75)
Spot Platinum
1731.84
+10.57
+0.60%
Spot Palladium
1289.67
+16.87
+1.35%
Markets are also awaiting the release of the University of Michigan’s preliminary US consumer sentiment index for June later on Friday. The index fell to 44.8 in May from 49.8 in April, while consumers’ inflation expectations rose to 4.8% from 4.7%.
Gold and silver prices extended gains on Friday.
Gold and silver prices extended gains on Friday after US President Donald Trump called off planned military strikes against Iran and signaled the possibility of reaching a peace agreement.
The US dollar index, which tracks the greenback against a basket of six major currencies, was little changed at 99.81.
Precious Metals Prices
Metal
Price ($/oz)
Change ($)
Change (%)
Gold Futures (August)
4208.70
+94.70
+2.30%
Spot Gold
4184.25
(28.01)
(%0.65)
Silver Futures (July)
66.89
+2.89
+4.50%
Spot Silver
66.81
(0.50)
(%0.75)
Spot Platinum
1731.84
+10.57
+0.60%
Spot Palladium
1289.67
+16.87
+1.35%
Markets are also awaiting the release of the University of Michigan’s preliminary US consumer sentiment index for June later on Friday. The index fell to 44.8 in May from 49.8 in April, while consumers’ inflation expectations rose to 4.8% from 4.7%.
