Gold bars
Gold prices rose on Friday, reaching an all-time high near $3,000, driven by strong demand for safe havens and amid trade tensions.
April gold futures increased 0.21%, or $6.3, to 2,997.6 per ounce at 9:41 am Makkah time.
Spot gold prices held steady at $2,986.66 after earlier reaching $2,994 — its highest level ever. It is up around 2.6% this week, on track for its biggest weekly gain since November.
May silver futures rose by 0.84% to $34.60 per ounce, while platinum spot prices fell 0.3% to $996.67.
The US dollar index rose 0.16% to 103.99 points.
Markets are currently anticipating next week’s Federal Reserve monetary policy meeting, where the interest rate is expected to be held steady in the 4.25%–4.5% range.
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