BENGALURU: Gold prices edged lower on Friday as improved risk appetite amid signs of a thaw in the long-drawn U.S.-China trade tiff drew investors away from the safe-haven metal, while palladium retreated slightly from a record peak hit in the previous session.
Spot gold fell 0.1% to $1,496.81 per ounce as of 0313 GMT, declining about 0.6% this week in what could be its third straight weekly drop.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!