Metals

Metals

Date : 2022-08-05
Time : 12:00:00
Metals
  • Gold prices extended gains on Friday and were set to end the week higher amid growing jitters over slowing global growth, while losses in the dollar ahead of U.S. nonfarm payrolls data also helped metals. 
  • Other precious metal prices also rose, with Platinum Futures rising 0.6%, while Silver Futures rose 0.3%.  
  • Among industrial metals, Copper Futures rose 0.6% on Friday, boosted largely by a falling dollar. But the red metal is set to end the week nearly 3% lower, after weak manufacturing data from China and the Eurozone painted a dismal picture for demand this year.
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